ACCOUNTOR VAT-SERVICE AS: årsregnskap 2003 vs 2002
Shrank 62% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ACCOUNTOR VAT-SERVICE AS. Revenue 263.5k NOK → 100.5k NOK (-61.9%). Net result +2 058 NOK → +7 213 NOK. Equity 55.0k NOK → 112.2k NOK.
On the constructive side: net result improved; equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCOUNTOR VAT-SERVICE AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +2 058 NOK → +7 213 NOK (net margin 0.8% → 7.2%). Calculated
-
↑
Equity strengthened
Book equity 55.0k NOK → 112.2k NOK (equity ratio 9.5% → 25.9%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 263.5k NOK to 100.5k NOK (-61.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +24.9k NOK → +2 704 NOK (op. margin 9.5% → 2.7%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 275.0k NOK → 0 NOK (-100.0% YoY). Calculated