ABEL CONSULT AS: årsregnskap 2003 vs 2002
Slipped into loss, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ABEL CONSULT AS. Revenue 216.8k NOK → 206.3k NOK (-4.9%). Net result +94.6k NOK → -40.6k NOK. Equity 361.9k NOK → 321.2k NOK.
On the constructive side: current ratio back above 1×; 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 ABEL CONSULT AS.
At a glance
Scorecard
What improved
-
↑
Current ratio back above 1×
Current ratio 0.07× → 6.84×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 216.8k NOK to 206.3k NOK (-4.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +185.3k NOK → -40.2k NOK (op. margin 85.5% → -19.5%). Calculated
-
↓
Fell into a net loss
Net result flipped from 94.6k NOK profit to a loss of 40.6k NOK. Calculated
-
↓
Equity eroded
Book equity 361.9k NOK → 321.2k NOK (equity ratio 59.8% → 52.0%). Calculated
-
↓
COGS moved
COGS / varekostnad -31.9k NOK → 0 NOK (+100.0% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 88.3k NOK → 0 NOK. Reported fact