TGS ASA: årsregnskap 2003 vs 2002
Shrank 100% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for TGS ASA. Revenue 345.11bn NOK → 528.6k NOK (-100.0%). Equity 359.4k NOK → 385.5k NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
345.11bn NOK
528.6k NOK
-100.0%
Operating result
-12.71bn NOK
+20.6k NOK
+100.0%
Equity
359.4k NOK
385.5k NOK
+7.2%
Cash
1 013 NOK
28.7k NOK
+2732.0%
Total assets
914.3k NOK
1.06m NOK
+16.0%
What improved
-
↑
Operating result improved
Operating result -12.71bn NOK → +20.6k NOK (op. margin -3.7% → 3.9%). Calculated
-
↑
Equity strengthened
Book equity 359.4k NOK → 385.5k NOK (equity ratio 39.3% → 36.4%). Calculated
-
↑
Cash rose
Bank deposits 1 013 NOK → 28.7k NOK (+2732.0% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 165.0k NOK → 167.7k NOK (+2 723 NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 345.11bn NOK to 528.6k NOK (-100.0% YoY). Calculated