ACHIEVES AS: årsregnskap 2003 vs 2002
Grew 307% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ACHIEVES AS. Revenue 121.9k NOK → 496.2k NOK (+307.2%). Equity -391.9k NOK → -331.2k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACHIEVES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 121.9k NOK to 496.2k NOK (+307.2% YoY). Calculated
-
↑
Equity strengthened
Book equity -391.9k NOK → -331.2k NOK (equity ratio -834.8% → -428.6%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.43× → 2.01×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +51.6k NOK → +46.6k NOK (op. margin 42.4% → 9.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 483.6k NOK → 310.4k NOK (-35.8% YoY). Calculated