AINFO AS: årsregnskap 2003 vs 2002
Grew 43% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AINFO AS. Revenue 334.6k NOK → 478.6k NOK (+43.0%). Equity 63.8k NOK → 48.2k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AINFO AS.
At a glance
Scorecard
Revenue
334.6k NOK
478.6k NOK
+43.0%
Operating result
+64.4k NOK
+118.8k NOK
+84.5%
Equity
63.8k NOK
48.2k NOK
-24.4%
Total assets
295.3k NOK
2.61m NOK
+782.9%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 334.6k NOK to 478.6k NOK (+43.0% YoY). Calculated
-
↑
Operating result improved
Operating result +64.4k NOK → +118.8k NOK (op. margin 19.2% → 24.8%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 63.8k NOK → 48.2k NOK (equity ratio 21.6% → 1.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation