ACAMS AS: årsregnskap 2003 vs 2002
Grew 1681% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ACAMS AS. Revenue 74.0k NOK → 1.32m NOK (+1681.5%). Net result -817.8k NOK → +23.7k NOK. Equity 207.2k NOK → 230.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 74.0k NOK to 1.32m NOK (+1681.5% YoY). Calculated
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↑
Operating result improved
Operating result -793.8k NOK → +28.6k NOK (op. margin -1072.7% → 2.2%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 817.8k NOK to a profit of 23.7k NOK. Calculated
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↑
Equity strengthened
Book equity 207.2k NOK → 230.9k NOK (equity ratio 52.2% → 322.3%). Calculated
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↑
Payroll decreased
Salary cost 3.21m NOK → 371.0k NOK (4335% → 28% of revenue). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.81× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated