FirmaIQ
Org.nr 946 713 929 2002 → 2003 Year-over-year analysis

A/S PAKK & ILEGG: årsregnskap 2003 vs 2002

Shrank 13% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A/S PAKK & ILEGG. Revenue 14.65m NOK → 12.69m NOK (-13.4%). Net result +2 002 NOK → +732.1k NOK. Equity 1.77m NOK → 797.9k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S PAKK & ILEGG.

At a glance

Scorecard

Revenue
14.65m NOK 12.69m NOK
-13.4%
Operating result
+1.60m NOK +1.04m NOK
-34.5%
Net result
+2 002 NOK +732.1k NOK
+36466.0%
Equity
1.77m NOK 797.9k NOK
-54.8%
Cash
1.64m NOK 1.16m NOK
-29.2%
Total assets
4.46m NOK 3.98m NOK
-10.8%

What improved

  • ↑

    Net result improved

    Net result +2 002 NOK → +732.1k NOK (net margin 0.0% → 5.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.65m NOK to 12.69m NOK (-13.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.60m NOK → +1.04m NOK (op. margin 10.9% → 8.2%). Calculated

  • ↓

    Equity eroded

    Book equity 1.77m NOK → 797.9k NOK (equity ratio 39.6% → 20.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.64m NOK → 1.16m NOK (-29.2% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad -7.05m NOK → 1 NOK (+100.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 489.4k NOK → 531.8k NOK. Reported fact