FirmaIQ
Org.nr 979 953 046 2002 → 2003 Year-over-year analysis

ADOBE SYSTEMS NORGE AS: årsregnskap 2003 vs 2002

Cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ADOBE SYSTEMS NORGE AS. Revenue 8.98m NOK → 9.11m NOK (+1.4%). Net result +494.1k NOK → +526.4k NOK. Equity 2.22m NOK → 2.75m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADOBE SYSTEMS NORGE AS.

At a glance

Scorecard

Revenue
8.98m NOK 9.11m NOK
+1.4%
Operating result
+676.5k NOK +768.9k NOK
+13.7%
Net result
+494.1k NOK +526.4k NOK
+6.5%
Equity
2.22m NOK 2.75m NOK
+23.7%
Cash
714.7k NOK 196.2k NOK
-72.6%
Total assets
3.23m NOK 3.82m NOK
+18.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.98m NOK to 9.11m NOK (+1.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +676.5k NOK → +768.9k NOK (op. margin 7.5% → 8.4%). Calculated

  • ↑

    Net result improved

    Net result +494.1k NOK → +526.4k NOK (net margin 5.5% → 5.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.22m NOK → 2.75m NOK (equity ratio 68.7% → 72.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 714.7k NOK → 196.2k NOK (-72.6% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.00m NOK → 0 NOK — check capital reduction, conversion, or reclassification. Interpretation