ACTOR AS: årsregnskap 2003 vs 2002
Grew 31% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ACTOR AS. Revenue 657.0k NOK → 861.2k NOK (+31.1%). Net result -9 392 NOK → +259.4k NOK. Equity 90.1k NOK → 109.5k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACTOR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 657.0k NOK to 861.2k NOK (+31.1% YoY). Calculated
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Operating result improved
Operating result -11.5k NOK → +306.2k NOK (op. margin -1.8% → 35.6%). Calculated
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Turned profitable
Net result flipped from a loss of 9 392 NOK to a profit of 259.4k NOK. Calculated
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Equity strengthened
Book equity 90.1k NOK → 109.5k NOK (equity ratio 36327.4% → 17.3%). Calculated
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Payroll decreased
Salary cost 451.7k NOK → 295.2k NOK (69% → 34% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 173.6k NOK → 124.0k NOK (-28.6% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 3 981 NOK → 100.7k NOK (+2430.1% YoY). Calculated