FirmaIQ
Org.nr 935 356 180 2002 → 2003 Year-over-year analysis

ACCESS! AS: årsregnskap 2003 vs 2002

Grew 68% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ACCESS! AS. Revenue 502.5k NOK → 844.2k NOK (+68.0%). Net result +8 717 NOK → +290.1k NOK. Equity 685.3k NOK → 568.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCESS! AS.

At a glance

Scorecard

Revenue
502.5k NOK 844.2k NOK
+68.0%
Operating result
+21.1k NOK +372.6k NOK
+1668.4%
Net result
+8 717 NOK +290.1k NOK
+3228.2%
Equity
685.3k NOK 568.4k NOK
-17.1%
Total assets
1.66m NOK 1.47m NOK
-11.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 502.5k NOK to 844.2k NOK (+68.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +21.1k NOK → +372.6k NOK (op. margin 4.2% → 44.1%). Calculated

  • ↑

    Net result improved

    Net result +8 717 NOK → +290.1k NOK (net margin 1.7% → 34.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 235.2k NOK → 211.5k NOK (47% → 25% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 685.3k NOK → 568.4k NOK (equity ratio 41.3% → 38.6%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 317.9k NOK → 492.1k NOK. Reported fact