AKERSHUS BOLIG OG SPARING AS: årsregnskap 2003 vs 2002
Shrank 56% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AKERSHUS BOLIG OG SPARING AS. Revenue 775.1k NOK → 344.3k NOK (-55.6%). Net result +205.5k NOK → +19.6k NOK. Equity 619.9k NOK → 610.5k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
775.1k NOK
344.3k NOK
-55.6%
Operating result
+466.2k NOK
+156.6k NOK
-66.4%
Net result
+205.5k NOK
+19.6k NOK
-90.5%
Equity
619.9k NOK
610.5k NOK
-1.5%
Total assets
3.19m NOK
3.11m NOK
-2.6%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 775.1k NOK to 344.3k NOK (-55.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +466.2k NOK → +156.6k NOK (op. margin 60.2% → 45.5%). Calculated
-
↓
Net result weakened
Net result +205.5k NOK → +19.6k NOK (net margin 26.5% → 5.7%). Calculated
-
↓
Equity eroded
Book equity 619.9k NOK → 610.5k NOK (equity ratio 19.4% → 19.6%). Calculated