FirmaIQ
Org.nr 959 229 244 2002 → 2003 Year-over-year analysis

ACACIA HOLDING AS: årsregnskap 2003 vs 2002

Shrank 13% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ACACIA HOLDING AS. Revenue 68.34m NOK → 59.59m NOK (-12.8%). Net result +103.1k NOK → +154.5k NOK. Equity 10.81m NOK → 10.80m NOK.

On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACACIA HOLDING AS.

At a glance

Scorecard

Revenue
68.34m NOK 59.59m NOK
-12.8%
Operating result
+307.1k NOK +63.1k NOK
-79.5%
Net result
+103.1k NOK +154.5k NOK
+49.8%
Equity
10.81m NOK 10.80m NOK
-0.0%
Total assets
28.42m NOK 33.30m NOK
+17.2%

What improved

  • ↑

    Net result improved

    Net result +103.1k NOK → +154.5k NOK (net margin 0.2% → 0.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 10.66m NOK → 10.21m NOK (16% → 17% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 68.34m NOK to 59.59m NOK (-12.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +307.1k NOK → +63.1k NOK (op. margin 0.4% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 10.81m NOK → 10.80m NOK (equity ratio 38.0% → 32.4%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 42.52m NOK → 35.90m NOK (-15.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 150 NOK → 182.5k NOK. Reported fact