ADRENALIN AS: årsregnskap 2003 vs 2002
Shrank 100% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADRENALIN AS. Revenue 310.7k NOK → 1 149 NOK (-99.6%). Net result -132.0k NOK → +553.3k NOK. Equity -13.6k NOK → 114.8k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -180.9k NOK → +770.9k NOK (op. margin -58.2% → 67090.5%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 132.0k NOK to a profit of 553.3k NOK. Calculated
-
↑
Equity strengthened
Book equity -13.6k NOK → 114.8k NOK (equity ratio -24.0% → 99.7%). Calculated
-
↑
Payroll decreased
Salary cost 304.2k NOK → 155.8k NOK (98% → 13559% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 310.7k NOK to 1 149 NOK (-99.6% YoY). Calculated