Org.nr 940 973 643 2002 → 2003 Year-over-year analysis

AKADEMIKA AS: årsregnskap 2003 vs 2002

Grew 10% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2003 with 2002 for AKADEMIKA AS. Revenue 104.97m NOK → 115.89m NOK (+10.4%). Equity 9.89m NOK → 8.90m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AKADEMIKA AS.

Scorecard

Revenue
104.97m NOK 115.89m NOK
+10.4%
Operating result
+4.23m NOK +5.64m NOK
+33.4%
Equity
9.89m NOK 8.90m NOK
-10.0%
Total assets
44.23m NOK 63.03m NOK
+42.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 104.97m NOK to 115.89m NOK (+10.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.23m NOK → +5.64m NOK (op. margin 4.0% → 4.9%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 9.89m NOK → 8.90m NOK (equity ratio 22.4% → 14.1%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 69.48m NOK → 75.94m NOK (+9.3% YoY). Calculated