ACK ARKITEKTER AS: årsregnskap 2003 vs 2002
Shrank 14% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ACK ARKITEKTER AS. Revenue 4.01m NOK → 3.47m NOK (-13.5%). Net result +729.8k NOK → +471.3k NOK. Equity 188.9k NOK → 172.2k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +3 418 NOK → +653.4k NOK (op. margin 0.1% → 18.8%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.01m NOK to 3.47m NOK (-13.5% YoY). Calculated
-
↓
Net result weakened
Net result +729.8k NOK → +471.3k NOK (net margin 18.2% → 13.6%). Calculated
-
↓
Equity eroded
Book equity 188.9k NOK → 172.2k NOK (equity ratio 10.3% → 10.0%). Calculated
-
↓
Cash fell
Bank deposits 928.5k NOK → 520.8k NOK (-43.9% YoY). Calculated