A. SPORT AS: årsregnskap 2003 vs 2002
Shrank 66% on revenue, weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A. SPORT AS. Revenue 267.1k NOK → 89.6k NOK (-66.4%). Net result -32.5k NOK → -96.8k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. SPORT AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 267.1k NOK to 89.6k NOK (-66.4% YoY). Calculated
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↓
Operating result weakened
Operating result -43.9k NOK → -45.9k NOK (op. margin -16.4% → -51.2%). Calculated
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↓
Net result weakened
Net result -32.5k NOK → -96.8k NOK (net margin -12.2% → -108.0%). Calculated
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↓
Cash fell
Bank deposits 88.2k NOK → 9 850 NOK (-88.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 180.5k NOK → 63.0k NOK (-65.1% YoY). Calculated