AKERSHUS HANDELSSELSKAP AS: årsregnskap 2003 vs 2002
Grew 99% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AKERSHUS HANDELSSELSKAP AS. Revenue 187.9k NOK → 373.4k NOK (+98.8%). Net result -519.7k NOK → +2 533 NOK. Equity 1.33m NOK → 6.31m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.
Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKERSHUS HANDELSSELSKAP AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 187.9k NOK to 373.4k NOK (+98.8% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 519.7k NOK to a profit of 2 533 NOK. Calculated
-
↑
Equity strengthened
Book equity 1.33m NOK → 6.31m NOK (equity ratio 19.9% → 52.5%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.56× → 1.03×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +54.5k NOK → +1 163 NOK (op. margin 29.0% → 0.3%). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 950.0k NOK → 250.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS moved
COGS / varekostnad 38.8k NOK → 72.5k NOK (+87.1% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 1.63m NOK → 2.30m NOK. Reported fact