Org.nr 984 950 853 2002 → 2003 Year-over-year analysis

AET EIENDOM ARENDAL AS: årsregnskap 2003 vs 2002

Grew 30% on revenue

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for AET EIENDOM ARENDAL AS. Revenue 690.0k NOK → 897.8k NOK (+30.1%). Equity 702.5k NOK → 857.2k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AET EIENDOM ARENDAL AS.

At a glance

Revenue

690.0k NOK 897.8k NOK

+30.1%

Operating result

+431.7k NOK n/m

—

Equity

702.5k NOK 857.2k NOK

+22.0%

Cash

224.0k NOK 272.7k NOK

+21.7%

Total assets

6.72m NOK 7.51m NOK

+11.7%

↑
Revenue rose

Operating income / revenue moved from 690.0k NOK to 897.8k NOK (+30.1% YoY). Calculated
↑
Equity strengthened

Book equity 702.5k NOK → 857.2k NOK (equity ratio 10.4% → 11.4%). Calculated
↑
Cash rose

Bank deposits 224.0k NOK → 272.7k NOK (+21.7% YoY). Calculated

↓
Current ratio dropped below 1×

Current ratio 1.64× → 0.49× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated