A COSTA SAKS AS: årsregnskap 2003 vs 2002
Grew 200% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A COSTA SAKS AS. Revenue 492.3k NOK → 1.47m NOK (+199.5%). Net result -5 623 NOK → +83.3k NOK. Equity 79.6k NOK → 112.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A COSTA SAKS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 492.3k NOK to 1.47m NOK (+199.5% YoY). Calculated
-
↑
Operating result improved
Operating result -5 887 NOK → +107.5k NOK (op. margin -1.2% → 7.3%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 5 623 NOK to a profit of 83.3k NOK. Calculated
-
↑
Equity strengthened
Book equity 79.6k NOK → 112.8k NOK (equity ratio 29.0% → 30.2%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.80× → 1.08×. Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 308.1k NOK → 286.4k NOK (-7.0% YoY). Calculated