ACCOUNTRA SOFTWARE AS: årsregnskap 2003 vs 2002
Shrank 29% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ACCOUNTRA SOFTWARE AS. Revenue 2.22m NOK → 1.56m NOK (-29.4%). Equity 114.8k NOK → 100.1k NOK.
On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
2.22m NOK
1.56m NOK
-29.4%
Operating result
+818.6k NOK
+250.8k NOK
-69.4%
Equity
114.8k NOK
100.1k NOK
-12.8%
Total assets
66.5k NOK
290.4k NOK
+336.7%
What improved
-
↑
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 2.22m NOK to 1.56m NOK (-29.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +818.6k NOK → +250.8k NOK (op. margin 36.9% → 16.0%). Calculated
-
↓
Equity eroded
Book equity 114.8k NOK → 100.1k NOK (equity ratio 172.6% → 34.5%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 420.8k NOK → 431.8k NOK (19% → 28% of revenue). Calculated