Org.nr 821 910 722 2002 → 2003 Year-over-year analysis

A/S Enterprise: årsregnskap 2003 vs 2002

Weaker earnings, fresh owner capital

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A/S Enterprise. Net result +726.8k NOK → +170.8k NOK. Equity 3 199 NOK → 3 NOK.

On the constructive side: cash rose; owners injected capital. Pressures included: net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Enterprise.

At a glance

Revenue

n/m 0 NOK

—

Net result

+726.8k NOK +170.8k NOK

-76.5%

Equity

3 199 NOK 3 NOK

-99.9%

Cash

30.2k NOK 932.9k NOK

+2986.3%

Total assets

470.6k NOK 1.99m NOK

+323.2%

↑
Cash rose

Bank deposits 30.2k NOK → 932.9k NOK (+2986.3% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 98.0k NOK → 200.0k NOK (+102.0k NOK). Reported fact

↓
Net result weakened

Net result +726.8k NOK → +170.8k NOK. Calculated
↓
Equity eroded

Book equity 3 199 NOK → 3 NOK (equity ratio 0.7% → 0.0%). Calculated

·
Thin equity buffer

Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation