ACCOUNT-IT AS: årsregnskap 2003 vs 2002
Shrank 9% on revenue, weaker earnings
Summary
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.
At a glance
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
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·
COGS fell
COGS / varekostnad 168.3k NOK → 70.8k NOK (-57.9% YoY). Calculated