Org.nr 981 564 782 2002 → 2003 Year-over-year analysis

ADVANCED CONTROL ROBOTIC AS: årsregnskap 2003 vs 2002

Shrank 79% on revenue, slipped into loss, fresh owner capital

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2003 with 2002 for ADVANCED CONTROL ROBOTIC AS. Revenue 3.18m NOK → 680.5k NOK (-78.6%). Net result +4.03m NOK → -5.68m NOK. Equity 2 727 NOK → 10.45m NOK.

On the constructive side: equity strengthened; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
3.18m NOK 680.5k NOK
-78.6%
Operating result
+5.60m NOK -7.96m NOK
-242.1%
Net result
+4.03m NOK -5.68m NOK
-241.2%
Equity
2 727 NOK 10.45m NOK
+383076.2%
Total assets
11.06m NOK 13.55m NOK
+22.4%

What improved

  • ↑

    Equity strengthened

    Book equity 2 727 NOK → 10.45m NOK (equity ratio 0.0% → 77.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.34× → 1.86×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 727.4k NOK → 10.45m NOK (+9.72m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 5.29m NOK → 2 003 NOK (166% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.18m NOK to 680.5k NOK (-78.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.60m NOK → -7.96m NOK (op. margin 176.3% → -1170.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 4.03m NOK profit to a loss of 5.68m NOK. Calculated