FirmaIQ
Org.nr 976 842 197 2002 → 2003 Year-over-year analysis

3 BYGG MESTER EIENDOM AS: årsregnskap 2003 vs 2002

Shrank 89% on revenue, weaker earnings, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for 3 BYGG MESTER EIENDOM AS. Revenue 24.67m NOK → 2.62m NOK (-89.4%). Net result +6.86m NOK → +842.8k NOK. Equity 2.57m NOK → 2.37m NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3 BYGG MESTER EIENDOM AS.

At a glance

Scorecard

Revenue
24.67m NOK 2.62m NOK
-89.4%
Operating result
+10.03m NOK +2.11m NOK
-79.0%
Net result
+6.86m NOK +842.8k NOK
-87.7%
Equity
2.57m NOK 2.37m NOK
-7.9%
Total assets
25.69m NOK 23.66m NOK
-7.9%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 24.67m NOK to 2.62m NOK (-89.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +10.03m NOK → +2.11m NOK (op. margin 40.7% → 80.5%). Calculated

  • ↓

    Net result weakened

    Net result +6.86m NOK → +842.8k NOK (net margin 27.8% → 32.2%). Calculated

  • ↓

    Equity eroded

    Book equity 2.57m NOK → 2.37m NOK (equity ratio 10.0% → 10.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 13.79m NOK → 6 360 NOK (-100.0% YoY). Calculated