Org.nr 981 363 019 2002 → 2003 Year-over-year analysis

ABBOTT DIAGNOSTICS TECHNOLOGIES AS: årsregnskap 2003 vs 2002

Weaker earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2003 with 2002 for ABBOTT DIAGNOSTICS TECHNOLOGIES AS. Revenue 164.28m NOK → 167.94m NOK (+2.2%). Net result +19.29m NOK → +11.0k NOK. Equity 212.88m NOK → 178.74m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABBOTT DIAGNOSTICS TECHNOLOGIES AS.

Scorecard

Revenue
164.28m NOK 167.94m NOK
+2.2%
Operating result
+22.47m NOK +49.41m NOK
+119.9%
Net result
+19.29m NOK +11.0k NOK
-99.9%
Equity
212.88m NOK 178.74m NOK
-16.0%
Total assets
303.46m NOK 322.54m NOK
+6.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 164.28m NOK to 167.94m NOK (+2.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +22.47m NOK → +49.41m NOK (op. margin 13.7% → 29.4%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +19.29m NOK → +11.0k NOK (net margin 11.7% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 212.88m NOK → 178.74m NOK (equity ratio 70.2% → 55.4%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 46.93m NOK → 45.59m NOK (-2.9% YoY). Calculated