Org.nr 946 195 340 2002 → 2003 Year-over-year analysis

A/S POLYCORP: årsregnskap 2003 vs 2002

Another loss-making year

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2003 with 2002 for A/S POLYCORP. Revenue 0 NOK → 112.5k NOK. Net result -723.4k NOK → -760.7k NOK. Equity 12.47m NOK → 6.71m NOK.

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

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

Scorecard

Revenue
0 NOK 112.5k NOK
—
Operating result
-171.6k NOK -298.3k NOK
-73.9%
Net result
-723.4k NOK -760.7k NOK
-5.2%
Equity
12.47m NOK 6.71m NOK
-46.2%
Total assets
26.54m NOK 33.75m NOK
+27.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 112.5k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -171.6k NOK → -298.3k NOK. Calculated

  • ↓

    Net result weakened

    Net result -723.4k NOK → -760.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 12.47m NOK → 6.71m NOK (equity ratio 47.0% → 19.9%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.52m NOK → 3.05m NOK. Reported fact