AB EXTRA AS: årsregnskap 2003 vs 2002
Shrank 70% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AB EXTRA AS. Revenue 19.5k NOK → 5 812 NOK (-70.2%). Net result -11.5k NOK → -55.3k NOK. Equity 177.3k NOK → 122.1k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
19.5k NOK
5 812 NOK
-70.2%
Operating result
-4 327 NOK
-6 978 NOK
-61.3%
Net result
-11.5k NOK
-55.3k NOK
-379.9%
Equity
177.3k NOK
122.1k NOK
-31.2%
Total assets
187.1k NOK
122.9k NOK
-34.3%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 19.5k NOK to 5 812 NOK (-70.2% YoY). Calculated
-
↓
Operating result weakened
Operating result -4 327 NOK → -6 978 NOK (op. margin -22.2% → -120.1%). Calculated
-
↓
Net result weakened
Net result -11.5k NOK → -55.3k NOK (net margin -59.0% → -950.6%). Calculated
-
↓
Equity eroded
Book equity 177.3k NOK → 122.1k NOK (equity ratio 94.8% → 99.3%). Calculated