FirmaIQ
Org.nr 970 974 423 2002 → 2003 Year-over-year analysis

ACRYLICON MIDT- OG VEST- NORGE AS: årsregnskap 2003 vs 2002

Grew 26% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ACRYLICON MIDT- OG VEST- NORGE AS. Revenue 9.72m NOK → 12.23m NOK (+25.8%). Net result +10 NOK → +681.4k NOK. Equity 10.61m NOK → 756.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACRYLICON MIDT- OG VEST- NORGE AS.

At a glance

Scorecard

Revenue
9.72m NOK 12.23m NOK
+25.8%
Operating result
-34.2k NOK +1.35m NOK
+4041.0%
Net result
+10 NOK +681.4k NOK
+6813580.0%
Equity
10.61m NOK 756.2k NOK
-92.9%
Total assets
1.48m NOK 3.92m NOK
+164.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.72m NOK to 12.23m NOK (+25.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -34.2k NOK → +1.35m NOK (op. margin -0.4% → 11.0%). Calculated

  • ↑

    Net result improved

    Net result +10 NOK → +681.4k NOK (net margin 0.0% → 5.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 8 193 NOK → 2 003 NOK (0% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 10.61m NOK → 756.2k NOK (equity ratio 715.5% → 19.3%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 5.96m NOK → 8.48m NOK (+42.2% YoY). Calculated