A/S NYCOM: årsregnskap 2003 vs 2002
Shrank 75% on revenue, returned to profit, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A/S NYCOM. Revenue 268 NOK → 67 NOK (-75.0%). Net result -4 172 NOK → +29.3k NOK. Equity 94.4k NOK → 163.7k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S NYCOM.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -21.9k NOK → -6 687 NOK (op. margin -8186.6% → -9980.6%). Calculated
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Turned profitable
Net result flipped from a loss of 4 172 NOK to a profit of 29.3k NOK. Calculated
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Equity strengthened
Book equity 94.4k NOK → 163.7k NOK (equity ratio 13.4% → 92.3%). Calculated
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Current ratio back above 1×
Current ratio 0.43× → 13.05×. Calculated
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Owners injected capital
Paid-in equity rose 60.0k NOK → 100.0k NOK (+40.0k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 268 NOK to 67 NOK (-75.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 440.8k NOK → 1 440 NOK. Reported fact