5895 INVEST AS: årsregnskap 2003 vs 2002
Shrank 89% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for 5895 INVEST AS. Revenue 1.96m NOK → 210.7k NOK (-89.3%). Equity 172.4k NOK → 168.9k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 5895 INVEST AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 244 NOK → 377.2k NOK (+154508.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.09m NOK → 385.3k NOK (56% → 183% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.96m NOK to 210.7k NOK (-89.3% YoY). Calculated
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↓
Operating result weakened
Operating result +92.9k NOK → +24.8k NOK (op. margin 4.7% → 11.8%). Calculated
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↓
Equity eroded
Book equity 172.4k NOK → 168.9k NOK (equity ratio 22.0% → 20.3%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 193.9k NOK → 114.9k NOK (-40.7% YoY). Calculated