ACIER AS: årsregnskap 2003 vs 2002
Shrank 100% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ACIER AS. Revenue 129 NOK → 0 NOK (-100.0%). Net result -21.9k NOK → -238.8k NOK. Equity 512.3k NOK → 273.4k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
129 NOK
0 NOK
-100.0%
Operating result
-24.8k NOK
-239.3k NOK
-864.9%
Net result
-21.9k NOK
-238.8k NOK
-988.9%
Equity
512.3k NOK
273.4k NOK
-46.6%
Total assets
672.4k NOK
326.4k NOK
-51.5%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 129 NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Operating result weakened
Operating result -24.8k NOK → -239.3k NOK. Calculated
-
↓
Net result weakened
Net result -21.9k NOK → -238.8k NOK. Calculated
-
↓
Equity eroded
Book equity 512.3k NOK → 273.4k NOK (equity ratio 76.2% → 83.8%). Calculated