ADVO-CASA AS: årsregnskap 2003 vs 2002
Weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADVO-CASA AS. Net result +42.1k NOK → +4 543 NOK. Equity -36.8k NOK → 17.7k NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
+192.6k NOK
+127.3k NOK
-33.9%
Net result
+42.1k NOK
+4 543 NOK
-89.2%
Equity
-36.8k NOK
17.7k NOK
+148.2%
Cash
55.3k NOK
7 630 NOK
-86.2%
Total assets
2.11m NOK
2.02m NOK
-4.2%
What improved
-
↑
Equity strengthened
Book equity -36.8k NOK → 17.7k NOK (equity ratio -1.7% → 0.9%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +192.6k NOK → +127.3k NOK. Calculated
-
↓
Net result weakened
Net result +42.1k NOK → +4 543 NOK. Calculated
-
↓
Cash fell
Bank deposits 55.3k NOK → 7 630 NOK (-86.2% YoY). Calculated