ACANE AS: årsregnskap 2003 vs 2002
Shrank 100% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ACANE AS. Revenue 22.1k NOK → 0 NOK (-100.0%). Net result -6 936 NOK → -36.2k NOK. Equity 161.2k NOK → 125.0k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACANE AS.
At a glance
Scorecard
Revenue
22.1k NOK
0 NOK
-100.0%
Operating result
-6 936 NOK
-26.7k NOK
-284.6%
Net result
-6 936 NOK
-36.2k NOK
-421.3%
Equity
161.2k NOK
125.0k NOK
-22.4%
Cash
156.1k NOK
155.4k NOK
-0.5%
Total assets
612.7k NOK
592.4k NOK
-3.3%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 22.1k NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Operating result weakened
Operating result -6 936 NOK → -26.7k NOK. Calculated
-
↓
Net result weakened
Net result -6 936 NOK → -36.2k NOK. Calculated
-
↓
Equity eroded
Book equity 161.2k NOK → 125.0k NOK (equity ratio 26.3% → 21.1%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 250 NOK → 436.9k NOK. Reported fact