ACHILLES FINANS AS: årsregnskap 2003 vs 2002
Shrank 13% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ACHILLES FINANS AS. Revenue 162.6k NOK → 140.8k NOK (-13.4%). Net result +44.2k NOK → +361.2k NOK. Equity -51.0k NOK → 1.65m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
162.6k NOK
140.8k NOK
-13.4%
Operating result
+116.6k NOK
+92.0k NOK
-21.1%
Net result
+44.2k NOK
+361.2k NOK
+717.7%
Equity
-51.0k NOK
1.65m NOK
+3333.8%
Total assets
11.39m NOK
16.47m NOK
+44.7%
What improved
-
↑
Net result improved
Net result +44.2k NOK → +361.2k NOK (net margin 27.2% → 256.4%). Calculated
-
↑
Equity strengthened
Book equity -51.0k NOK → 1.65m NOK (equity ratio -0.4% → 10.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 162.6k NOK to 140.8k NOK (-13.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +116.6k NOK → +92.0k NOK (op. margin 71.7% → 65.4%). Calculated