Org.nr 928 836 851 2002 → 2003 Year-over-year analysis

ACLIMA AS: årsregnskap 2003 vs 2002

Mixed movements in the accounts

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ACLIMA AS. Revenue 27.83m NOK → 27.26m NOK (-2.0%). Equity 929.9k NOK → 267.8k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; cogs moved.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACLIMA AS.

At a glance

Revenue

27.83m NOK 27.26m NOK

-2.0%

Operating result

+307.6k NOK +2.06m NOK

+569.3%

Net result

+340.0k NOK n/m

—

Equity

929.9k NOK 267.8k NOK

-71.2%

Total assets

15.03m NOK 18.73m NOK

+24.6%

↑
Operating result improved

Operating result +307.6k NOK → +2.06m NOK (op. margin 1.1% → 7.6%). Calculated

↓
Revenue fell

Operating income / revenue moved from 27.83m NOK to 27.26m NOK (-2.0% YoY). Calculated
↓
Equity eroded

Book equity 929.9k NOK → 267.8k NOK (equity ratio 6.2% → 1.4%). Calculated
↓
COGS moved

COGS / varekostnad 14.62m NOK → 14.80m NOK (+1.2% YoY). Calculated

·
Thin equity buffer

Equity ratio is 1.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation