ACO NORWAY AS: årsregnskap 2003 vs 2002
Grew 336% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ACO NORWAY AS. Revenue 9.50m NOK → 41.47m NOK (+336.3%). Equity -1.18m NOK → 80.2k NOK.
On the constructive side: revenue rose; equity strengthened.
Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ACO NORWAY AS.
At a glance
Scorecard
Revenue
9.50m NOK
41.47m NOK
+336.3%
Operating result
n/m
-2.04m NOK
—
Net result
n/m
-6.29m NOK
—
Equity
-1.18m NOK
80.2k NOK
+106.8%
Cash
n/m
3.24m NOK
—
Total assets
4.19m NOK
55.86m NOK
+1233.7%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 9.50m NOK to 41.47m NOK (+336.3% YoY). Calculated
-
↑
Equity strengthened
Book equity -1.18m NOK → 80.2k NOK (equity ratio -28.3% → 0.1%). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 16.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Payroll increased
Salary cost 1.24m NOK → 3.49m NOK (13% → 8% of revenue). Calculated