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Org.nr 980 708 942 2002 → 2003 Year-over-year analysis

AD2R HOLDING AS: årsregnskap 2003 vs 2002

Shrank 10% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for AD2R HOLDING AS. Revenue 2.37m NOK → 2.13m NOK (-10.2%). Net result +21.6k NOK → +2 641 NOK. Equity 246.2k NOK → 243.6k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.37m NOK 2.13m NOK
-10.2%
Operating result
+26.7k NOK +2 744 NOK
-89.7%
Net result
+21.6k NOK +2 641 NOK
-87.8%
Equity
246.2k NOK 243.6k NOK
-1.1%
Total assets
228.3k NOK 1.70m NOK
+644.2%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.15× → 3.65×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.37m NOK to 2.13m NOK (-10.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +26.7k NOK → +2 744 NOK (op. margin 1.1% → 0.1%). Calculated

  • ↓

    Net result weakened

    Net result +21.6k NOK → +2 641 NOK (net margin 0.9% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 246.2k NOK → 243.6k NOK (equity ratio 107.8% → 14.3%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 5 779 NOK → 170.1k NOK (+2843.5% YoY). Calculated