AIRPORT COORDINATION NORWAY AS: årsregnskap 2003 vs 2002
Returned to profit
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AIRPORT COORDINATION NORWAY AS. Revenue 1.40m NOK → 1.34m NOK (-4.4%). Net result -1 406 NOK → +3 218 NOK. Equity 7.13m NOK → 134.9k NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
1.40m NOK
1.34m NOK
-4.4%
Operating result
-28.9k NOK
-3 957 NOK
+86.3%
Net result
-1 406 NOK
+3 218 NOK
+328.9%
Equity
7.13m NOK
134.9k NOK
-98.1%
Total assets
539.1k NOK
965.1k NOK
+79.0%
What improved
-
↑
Operating result improved
Operating result -28.9k NOK → -3 957 NOK (op. margin -2.1% → -0.3%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 1 406 NOK to a profit of 3 218 NOK. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.40m NOK to 1.34m NOK (-4.4% YoY). Calculated
-
↓
Equity eroded
Book equity 7.13m NOK → 134.9k NOK (equity ratio 1323.0% → 14.0%). Calculated