ACCELERATE BRANDS AS: årsregnskap 2003 vs 2002
Grew 93% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ACCELERATE BRANDS AS. Revenue 293.5k NOK → 565.8k NOK (+92.8%). Net result +6 777 NOK → +11.8k NOK. Equity 97.2k NOK → 109.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ACCELERATE BRANDS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 293.5k NOK to 565.8k NOK (+92.8% YoY). Calculated
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Operating result improved
Operating result +5 587 NOK → +20.2k NOK (op. margin 1.9% → 3.6%). Calculated
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Net result improved
Net result +6 777 NOK → +11.8k NOK (net margin 2.3% → 2.1%). Calculated
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Equity strengthened
Book equity 97.2k NOK → 109.0k NOK (equity ratio 40.8% → 49.3%). Calculated
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Cash rose
Bank deposits 63.4k NOK → 66.3k NOK (+4.5% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 400.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation