AI BUSINESS LAB AS: årsregnskap 2003 vs 2002
Shrank 30% on revenue, returned to profit, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AI BUSINESS LAB AS. Revenue 4.28m NOK → 3.00m NOK (-29.8%). Net result -4.86m NOK → +605.9k NOK. Equity 108.0k NOK → 913.9k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AI BUSINESS LAB AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -5.15m NOK → +830.3k NOK (op. margin -120.3% → 27.6%). Calculated
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Turned profitable
Net result flipped from a loss of 4.86m NOK to a profit of 605.9k NOK. Calculated
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Equity strengthened
Book equity 108.0k NOK → 913.9k NOK (equity ratio 2.7% → 17.6%). Calculated
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Owners injected capital
Paid-in equity rose 156.3k NOK → 356.3k NOK (+200.0k NOK). Reported fact
What deteriorated
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Revenue fell
Operating income / revenue moved from 4.28m NOK to 3.00m NOK (-29.8% YoY). Calculated
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Payroll up without matching revenue
Salary cost -2.33m NOK → -1.54m NOK (-55% → -51% of revenue). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 0 NOK → 2.71m NOK. Reported fact