AKC ARKITEKTER AS: årsregnskap 2003 vs 2002
Shrank 11% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AKC ARKITEKTER AS. Revenue 1.62m NOK → 1.45m NOK (-10.7%). Net result +70.7k NOK → +89.8k NOK. Equity 497.2k NOK → 587.0k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKC ARKITEKTER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +79.7k NOK → +118.0k NOK (op. margin 4.9% → 8.2%). Calculated
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↑
Net result improved
Net result +70.7k NOK → +89.8k NOK (net margin 4.4% → 6.2%). Calculated
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↑
Equity strengthened
Book equity 497.2k NOK → 587.0k NOK (equity ratio 59.9% → 67.7%). Calculated
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Cash rose
Bank deposits 295.9k NOK → 365.1k NOK (+23.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 969.4k NOK → 941.5k NOK (60% → 65% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.62m NOK to 1.45m NOK (-10.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 15.0k NOK → 45.0k NOK. Reported fact