ADD VALUE AS: årsregnskap 2003 vs 2002
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADD VALUE AS. Net result +335.0k NOK → +116.0k NOK. Equity 6.44m NOK → 3.12m NOK.
On the constructive side: cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADD VALUE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 17.2k NOK → 171.6k NOK (+896.0% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +335.0k NOK → +116.0k NOK. Calculated
-
↓
Equity eroded
Book equity 6.44m NOK → 3.12m NOK (equity ratio 98.3% → 70.0%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 6.44m NOK → 3.12m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 3 594 NOK → 3.59m NOK. Reported fact