Org.nr 983 860 516 2002 → 2003 Year-over-year analysis

GENTIAN DIAGNOSTICS ASA: årsregnskap 2003 vs 2002

Grew 371% on revenue, weaker earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2003 with 2002 for GENTIAN DIAGNOSTICS ASA. Revenue 528.9k NOK → 2.49m NOK (+371.5%). Net result +152.0k NOK → +485 NOK. Equity 100.0k NOK → 101.0k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for GENTIAN DIAGNOSTICS ASA.

Scorecard

Revenue
528.9k NOK 2.49m NOK
+371.5%
Operating result
+212.8k NOK +694.8k NOK
+226.5%
Net result
+152.0k NOK +485 NOK
-99.7%
Equity
100.0k NOK 101.0k NOK
+1.0%
Total assets
866.1k NOK 865.0k NOK
-0.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 528.9k NOK to 2.49m NOK (+371.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +212.8k NOK → +694.8k NOK (op. margin 40.2% → 27.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 100.0k NOK → 101.0k NOK (equity ratio 11.5% → 11.7%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +152.0k NOK → +485 NOK (net margin 28.7% → 0.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 732.0k NOK → 1.27m NOK (138% → 51% of revenue). Calculated