FirmaIQ
Org.nr 964 198 950 2002 → 2003 Year-over-year analysis

ACRYLICON NORGE AS: årsregnskap 2003 vs 2002

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ACRYLICON NORGE AS. Revenue 30.43m NOK → 29.51m NOK (-3.0%). Net result +680.6k NOK → +35.4k NOK. Equity 4.52m NOK → 4.52m NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACRYLICON NORGE AS.

At a glance

Scorecard

Revenue
30.43m NOK 29.51m NOK
-3.0%
Operating result
+1 208 NOK +620.0k NOK
+51222.7%
Net result
+680.6k NOK +35.4k NOK
-94.8%
Equity
4.52m NOK 4.52m NOK
-0.1%
Total assets
19.44m NOK 17.65m NOK
-9.2%

What improved

  • ↑

    Operating result improved

    Operating result +1 208 NOK → +620.0k NOK (op. margin 0.0% → 2.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.59m NOK → 1 NOK (15% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 30.43m NOK to 29.51m NOK (-3.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +680.6k NOK → +35.4k NOK (net margin 2.2% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 4.52m NOK → 4.52m NOK (equity ratio 23.3% → 25.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 16.24m NOK → 15.87m NOK (-2.3% YoY). Calculated