FirmaIQ
Org.nr 980 729 109 2002 → 2003 Year-over-year analysis

A. SÆTHER COMPAGNIET EIENDOM AS: årsregnskap 2003 vs 2002

Shrank 38% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A. SÆTHER COMPAGNIET EIENDOM AS. Revenue 1.13m NOK → 705.8k NOK (-37.6%). Net result +308.6k NOK → +5 872 NOK. Equity 176.1k NOK → 170.2k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. SÆTHER COMPAGNIET EIENDOM AS.

At a glance

Scorecard

Revenue
1.13m NOK 705.8k NOK
-37.6%
Operating result
+919.1k NOK +531.7k NOK
-42.2%
Net result
+308.6k NOK +5 872 NOK
-98.1%
Equity
176.1k NOK 170.2k NOK
-3.3%
Total assets
6.78m NOK 6.67m NOK
-1.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.13m NOK to 705.8k NOK (-37.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +919.1k NOK → +531.7k NOK (op. margin 81.2% → 75.3%). Calculated

  • ↓

    Net result weakened

    Net result +308.6k NOK → +5 872 NOK (net margin 27.3% → 0.8%). Calculated

  • ↓

    Equity eroded

    Book equity 176.1k NOK → 170.2k NOK (equity ratio 2.6% → 2.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation