ACCESS LÅSSPESIALISTEN AS: årsregnskap 2003 vs 2002
Grew 78157% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ACCESS LÅSSPESIALISTEN AS. Revenue 7 894 NOK → 6.18m NOK (+78156.7%). Net result +689.4k NOK → +90.4k NOK. Equity 443.9k NOK → 353.5k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7 894 NOK to 6.18m NOK (+78156.7% YoY). Calculated
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↑
Operating result improved
Operating result +1 165 NOK → +2 517 NOK (op. margin 14.8% → 0.0%). Calculated
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Cash rose
Bank deposits 2 737 NOK → 305.3k NOK (+11055.9% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +689.4k NOK → +90.4k NOK (net margin 8732.9% → 1.5%). Calculated
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↓
Equity eroded
Book equity 443.9k NOK → 353.5k NOK (equity ratio 11457.8% → 11.9%). Calculated