A SÆVIK AS: årsregnskap 2003 vs 2002
Shrank 11% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A SÆVIK AS. Revenue 6.29m NOK → 5.63m NOK (-10.6%). Equity 9.60m NOK → 568.5k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A SÆVIK AS.
At a glance
Scorecard
Revenue
6.29m NOK
5.63m NOK
-10.6%
Operating result
+324.1k NOK
+68.8k NOK
-78.8%
Equity
9.60m NOK
568.5k NOK
-94.1%
Total assets
2.61m NOK
2.42m NOK
-7.0%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.29m NOK to 5.63m NOK (-10.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +324.1k NOK → +68.8k NOK (op. margin 5.2% → 1.2%). Calculated
-
↓
Equity eroded
Book equity 9.60m NOK → 568.5k NOK (equity ratio 368.4% → 23.4%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 4.02m NOK → 3.74m NOK (-7.0% YoY). Calculated