AKA SYSTEM INVEST AS: årsregnskap 2003 vs 2002
A steady year on the published lines
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AKA SYSTEM INVEST AS. Revenue 660.0k NOK → 660.0k NOK (0.0%). Net result +134.0k NOK → +151.8k NOK. Equity 264.7k NOK → 112.9k NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKA SYSTEM INVEST AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +134.0k NOK → +151.8k NOK (net margin 20.3% → 23.0%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +216.0k NOK → +153.5k NOK (op. margin 32.7% → 23.3%). Calculated
-
↓
Equity eroded
Book equity 264.7k NOK → 112.9k NOK (equity ratio 51.1% → 64.0%). Calculated
-
↓
Cash fell
Bank deposits 111.0k NOK → 89.8k NOK (-19.1% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 117.0k NOK → 66.7k NOK. Reported fact