ADB-SENTERET AS: årsregnskap 2003 vs 2002
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADB-SENTERET AS. Revenue 3.01m NOK → 2.93m NOK (-2.7%). Net result +62.0k NOK → +282.0k NOK. Equity 202.0k NOK → 205.0k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +102.7k NOK → +422.2k NOK (op. margin 3.4% → 14.4%). Calculated
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↑
Net result improved
Net result +62.0k NOK → +282.0k NOK (net margin 2.1% → 9.6%). Calculated
-
↑
Equity strengthened
Book equity 202.0k NOK → 205.0k NOK (equity ratio 12.7% → 13.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.01m NOK to 2.93m NOK (-2.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 5.15× → 0.50× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
COGS moved
COGS / varekostnad 24.5k NOK → 38.2k NOK (+56.4% YoY). Calculated