1891 HOLDING AS: årsregnskap 2003 vs 2002
Grew 1541% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for 1891 HOLDING AS. Revenue 272.5k NOK → 4.47m NOK (+1540.9%). Net result +2.18m NOK → +1.27m NOK. Equity 3.24m NOK → 3.38m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
272.5k NOK
4.47m NOK
+1540.9%
Operating result
+2.19m NOK
n/m
—
Net result
+2.18m NOK
+1.27m NOK
-41.9%
Equity
3.24m NOK
3.38m NOK
+4.4%
Total assets
21.05m NOK
21.05m NOK
-0.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 272.5k NOK to 4.47m NOK (+1540.9% YoY). Calculated
-
↑
Equity strengthened
Book equity 3.24m NOK → 3.38m NOK (equity ratio 15.4% → 16.1%). Calculated
What deteriorated
-
↓
Net result weakened
Net result +2.18m NOK → +1.27m NOK (net margin 801.6% → 28.4%). Calculated