AKADEMIET VGS MØRE AS: årsregnskap 2003 vs 2002
Shrank 100% on revenue, stronger earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AKADEMIET VGS MØRE AS. Revenue 2.35m NOK → 0 NOK (-100.0%). Net result -454.8k NOK → -120.0k NOK. Equity 332.6k NOK → 212.6k NOK.
On the constructive side: operating result improved; net result improved; owners injected capital. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -650.5k NOK → -167.7k NOK. Calculated
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↑
Net result improved
Net result -454.8k NOK → -120.0k NOK. Calculated
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↑
Owners injected capital
Paid-in equity rose 660 NOK → 300.0k NOK (+299.3k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.35m NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Equity eroded
Book equity 332.6k NOK → 212.6k NOK (equity ratio 31.7% → 32.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated