ACTICON AS: årsregnskap 2003 vs 2002
Grew 99% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ACTICON AS. Revenue 18.2k NOK → 36.1k NOK (+98.5%). Net result +33.0k NOK → +473 NOK. Equity 61.6k NOK → 62.0k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
18.2k NOK
36.1k NOK
+98.5%
Operating result
+38.7k NOK
+15.1k NOK
-61.0%
Net result
+33.0k NOK
+473 NOK
-98.6%
Equity
61.6k NOK
62.0k NOK
+0.8%
Total assets
62.0k NOK
70.2k NOK
+13.2%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 18.2k NOK to 36.1k NOK (+98.5% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.13× → 6.77×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +38.7k NOK → +15.1k NOK (op. margin 212.8% → 41.8%). Calculated
-
↓
Net result weakened
Net result +33.0k NOK → +473 NOK (net margin 181.8% → 1.3%). Calculated