FirmaIQ
Org.nr 946 926 140 2002 → 2003 Year-over-year analysis

A/S Edvardsen Eiendom: årsregnskap 2003 vs 2002

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A/S Edvardsen Eiendom. Revenue 620.5k NOK → 614.6k NOK (-1.0%). Net result +253.2k NOK → +2 003 NOK. Equity -2.55m NOK → 1.15m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for A/S Edvardsen Eiendom.

At a glance

Scorecard

Revenue
620.5k NOK 614.6k NOK
-1.0%
Operating result
+138.3k NOK +134.2k NOK
-2.9%
Net result
+253.2k NOK +2 003 NOK
-99.2%
Equity
-2.55m NOK 1.15m NOK
+145.1%
Total assets
5.02m NOK 4.67m NOK
-6.9%

What improved

  • ↑

    Equity strengthened

    Book equity -2.55m NOK → 1.15m NOK (equity ratio -50.9% → 24.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 620.5k NOK to 614.6k NOK (-1.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +138.3k NOK → +134.2k NOK (op. margin 22.3% → 21.8%). Calculated

  • ↓

    Net result weakened

    Net result +253.2k NOK → +2 003 NOK (net margin 40.8% → 0.3%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 400.0k NOK → 700 NOK — check capital reduction, conversion, or reclassification. Interpretation