A TYSSEBOTN AS: årsregnskap 2003 vs 2002
Shrank 74% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A TYSSEBOTN AS. Revenue 947.6k NOK → 250.0k NOK (-73.6%). Net result +527.1k NOK → -124.0k NOK. Equity 101.7k NOK → -22.3k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A TYSSEBOTN AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 947.6k NOK to 250.0k NOK (-73.6% YoY). Calculated
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Operating result weakened
Operating result +382.4k NOK → -92.0k NOK (op. margin 40.4% → -36.8%). Calculated
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Fell into a net loss
Net result flipped from 527.1k NOK profit to a loss of 124.0k NOK. Calculated
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Equity eroded
Book equity 101.7k NOK → -22.3k NOK (equity ratio 12.0% → -4.5%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -4.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 50.0k NOK → 88.4k NOK. Reported fact