FirmaIQ
Org.nr 941 173 020 2002 → 2003 Year-over-year analysis

AIC HOLDING AS: årsregnskap 2003 vs 2002

Grew 64% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for AIC HOLDING AS. Revenue 4.06m NOK → 6.67m NOK (+64.4%). Net result +8319.66bn NOK → +3.35m NOK. Equity 331.0k NOK → 5.66m NOK.

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

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for AIC HOLDING AS.

At a glance

Scorecard

Revenue
4.06m NOK 6.67m NOK
+64.4%
Operating result
+5 015 NOK +96.7k NOK
+1828.8%
Net result
+8319.66bn NOK +3.35m NOK
-100.0%
Equity
331.0k NOK 5.66m NOK
+1609.6%
Total assets
37.03m NOK 33.25m NOK
-10.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.06m NOK to 6.67m NOK (+64.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5 015 NOK → +96.7k NOK (op. margin 0.1% → 1.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 331.0k NOK → 5.66m NOK (equity ratio 0.9% → 17.0%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +8319.66bn NOK → +3.35m NOK (net margin 204968238.5% → 50.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.90m NOK → 4.22m NOK (96% → 63% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 63.8k NOK → 17.9k NOK (-71.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5.43m NOK → 7.81m NOK. Reported fact