Org.nr 945 274 476 2002 → 2003 Year-over-year analysis

ACCOUNT-IT AS: årsregnskap 2003 vs 2002

Shrank 9% on revenue, weaker earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2003 with 2002 for ACCOUNT-IT AS. Revenue 8.87m NOK → 8.08m NOK (-8.9%). Net result +428.9k NOK → +285.7k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCOUNT-IT AS.

Scorecard

Revenue
8.87m NOK 8.08m NOK
-8.9%
Operating result
+264.1k NOK +180.8k NOK
-31.5%
Net result
+428.9k NOK +285.7k NOK
-33.4%
Total assets
3.61m NOK 3.10m NOK
-14.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.87m NOK to 8.08m NOK (-8.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +264.1k NOK → +180.8k NOK (op. margin 3.0% → 2.2%). Calculated

  • ↓

    Net result weakened

    Net result +428.9k NOK → +285.7k NOK (net margin 4.8% → 3.5%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 168.3k NOK → 70.8k NOK (-57.9% YoY). Calculated