A COSTA SAKS AS: årsregnskap 2002 vs 2001
Shrank 37% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for A COSTA SAKS AS. Revenue 785.3k NOK → 492.3k NOK (-37.3%). Net result -20.8k NOK → -5 623 NOK. Equity 85.2k NOK → 79.6k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -22.6k NOK → -5 887 NOK (op. margin -2.9% → -1.2%). Calculated
-
↑
Net result improved
Net result -20.8k NOK → -5 623 NOK (net margin -2.6% → -1.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 785.3k NOK to 492.3k NOK (-37.3% YoY). Calculated
-
↓
Equity eroded
Book equity 85.2k NOK → 79.6k NOK (equity ratio 35.3% → 29.0%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 424.0k NOK → 3.90m NOK (54% → 793% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 108.6k NOK → 308.1k NOK (+183.6% YoY). Calculated