A/S Stortorvet 5: årsregnskap 2003 vs 2002
A steady year on the published lines
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A/S Stortorvet 5. Revenue 1.88m NOK → 1.92m NOK (+2.2%). Net result +995.1k NOK → +937.5k NOK. Equity 2.71m NOK → 3.15m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
1.88m NOK
1.92m NOK
+2.2%
Operating result
+317.2k NOK
+1.28m NOK
+303.3%
Net result
+995.1k NOK
+937.5k NOK
-5.8%
Equity
2.71m NOK
3.15m NOK
+16.1%
Total assets
4.84m NOK
4.08m NOK
-15.7%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.88m NOK to 1.92m NOK (+2.2% YoY). Calculated
-
↑
Operating result improved
Operating result +317.2k NOK → +1.28m NOK (op. margin 16.9% → 66.5%). Calculated
-
↑
Equity strengthened
Book equity 2.71m NOK → 3.15m NOK (equity ratio 56.1% → 77.2%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.82× → 1.23×. Calculated
What deteriorated
-
↓
Net result weakened
Net result +995.1k NOK → +937.5k NOK (net margin 52.9% → 48.7%). Calculated