ABC FORUM AS: årsregnskap 2003 vs 2002
Shrank 60% on revenue, slipped into loss, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ABC FORUM AS. Revenue 125.0k NOK → 50.0k NOK (-60.0%). Net result +168.3k NOK → -42.0k NOK. Equity 224.1k NOK → 102.1k NOK.
On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABC FORUM AS.
At a glance
Scorecard
What improved
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↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 125.0k NOK to 50.0k NOK (-60.0% YoY). Calculated
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↓
Operating result weakened
Operating result +69.6k NOK → -50.1k NOK (op. margin 55.7% → -100.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 168.3k NOK profit to a loss of 42.0k NOK. Calculated
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↓
Equity eroded
Book equity 224.1k NOK → 102.1k NOK (equity ratio 36.4% → 47.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 21.38× → 0.84× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2 160 NOK → 2.12m NOK. Reported fact