Org.nr 984 009 844 2002 → 2003 Year-over-year analysis

ACCESS LÅSSPESIALISTEN AS: årsregnskap 2003 vs 2002

Grew 78157% on revenue, weaker earnings

Full company analysis · All year comparisons

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.

Scorecard

Revenue
7 894 NOK 6.18m NOK
+78156.7%
Operating result
+1 165 NOK +2 517 NOK
+116.1%
Net result
+689.4k NOK +90.4k NOK
-86.9%
Equity
443.9k NOK 353.5k NOK
-20.4%
Cash
2 737 NOK 305.3k NOK
+11055.9%
Total assets
3 874 NOK 2.97m NOK
+76500.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7 894 NOK to 6.18m NOK (+78156.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 165 NOK → +2 517 NOK (op. margin 14.8% → 0.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 737 NOK → 305.3k NOK (+11055.9% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +689.4k NOK → +90.4k NOK (net margin 8732.9% → 1.5%). Calculated

  • ↓

    Equity eroded

    Book equity 443.9k NOK → 353.5k NOK (equity ratio 11457.8% → 11.9%). Calculated