ADVICE AS: årsregnskap 2003 vs 2002
Shrank 100% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADVICE AS. Revenue 36.9k NOK → 0 NOK (-100.0%). Net result +38 NOK → -6 564 NOK. Equity 478.5k NOK → 471.9k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVICE AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 36.9k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result -27.4k NOK → -35.3k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 38 NOK profit to a loss of 6 564 NOK. Calculated
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↓
Equity eroded
Book equity 478.5k NOK → 471.9k NOK (equity ratio 99.7% → 95.3%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 450 NOK — check capital reduction, conversion, or reclassification. Interpretation