ADJUVO EIENDOM AS: årsregnskap 2003 vs 2002
Shrank 40% on revenue, weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADJUVO EIENDOM AS. Revenue 444.2k NOK → 267.0k NOK (-39.9%). Net result +212.3k NOK → +121.8k NOK. Equity 109.2k NOK → 111.0k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
444.2k NOK
267.0k NOK
-39.9%
Operating result
+425.1k NOK
n/m
—
Net result
+212.3k NOK
+121.8k NOK
-42.6%
Equity
109.2k NOK
111.0k NOK
+1.7%
Cash
667.7k NOK
2 NOK
-100.0%
Total assets
667.7k NOK
727.9k NOK
+9.0%
What improved
-
↑
Equity strengthened
Book equity 109.2k NOK → 111.0k NOK (equity ratio 16.4% → 15.3%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 444.2k NOK to 267.0k NOK (-39.9% YoY). Calculated
-
↓
Net result weakened
Net result +212.3k NOK → +121.8k NOK (net margin 47.8% → 45.6%). Calculated
-
↓
Cash fell
Bank deposits 667.7k NOK → 2 NOK (-100.0% YoY). Calculated