FirmaIQ
Org.nr 982 310 520 2002 → 2003 Year-over-year analysis

AI LEASE AS: årsregnskap 2003 vs 2002

Grew 25% on revenue, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for AI LEASE AS. Revenue 11.07m NOK → 13.82m NOK (+24.9%). Equity 8.98m NOK → 12.30m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AI LEASE AS.

At a glance

Scorecard

Revenue
11.07m NOK 13.82m NOK
+24.9%
Operating result
+833.2k NOK +7.87m NOK
+844.7%
Equity
8.98m NOK 12.30m NOK
+37.0%
Cash
1.98m NOK 281.3k NOK
-85.8%
Total assets
66.75m NOK 98.06m NOK
+46.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.07m NOK to 13.82m NOK (+24.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +833.2k NOK → +7.87m NOK (op. margin 7.5% → 57.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 8.98m NOK → 12.30m NOK (equity ratio 13.4% → 12.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.98m NOK → 281.3k NOK (-85.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.98m NOK → 281.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation