AJO MASKIN AS: årsregnskap 2003 vs 2002
Shrank 85% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AJO MASKIN AS. Revenue 359.4k NOK → 55.5k NOK (-84.6%). Equity 993.8k NOK → 826.9k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJO MASKIN AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 359.4k NOK to 55.5k NOK (-84.6% YoY). Calculated
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Operating result weakened
Operating result -51.9k NOK → -732.7k NOK (op. margin -14.5% → -1320.1%). Calculated
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↓
Equity eroded
Book equity 993.8k NOK → 826.9k NOK (equity ratio 11.6% → 11.9%). Calculated
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Payroll up without matching revenue
Salary cost 70.7k NOK → 8.19m NOK (20% → 14751% of revenue). Calculated
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COGS moved
COGS / varekostnad 266.9k NOK → 491.2k NOK (+84.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.62m NOK → 1.54m NOK. Reported fact