ABEMA AS: årsregnskap 2003 vs 2002
Shrank 45% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ABEMA AS. Revenue 1.19m NOK → 658.1k NOK (-44.9%). Net result +152.0k NOK → +159.4k NOK. Equity 80.9k NOK → 78.6k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABEMA AS.
At a glance
Scorecard
Revenue
1.19m NOK
658.1k NOK
-44.9%
Operating result
n/m
+155.2k NOK
—
Net result
+152.0k NOK
+159.4k NOK
+4.9%
Equity
80.9k NOK
78.6k NOK
-2.8%
Cash
214 NOK
214.2k NOK
+100000.0%
Total assets
23.3k NOK
728.6k NOK
+3022.5%
What improved
-
↑
Cash rose
Bank deposits 214 NOK → 214.2k NOK (+100000.0% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.03× → 2.01×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.19m NOK to 658.1k NOK (-44.9% YoY). Calculated
-
↓
Equity eroded
Book equity 80.9k NOK → 78.6k NOK (equity ratio 346.5% → 10.8%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 193.4k NOK → 101.3k NOK (-47.6% YoY). Calculated