Org.nr 882 811 972 2002 → 2003 Year-over-year analysis

HAVILA SHIPPING ASA: årsregnskap 2003 vs 2002

Returned to profit

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2003 with 2002 for HAVILA SHIPPING ASA. Net result -6 343 NOK → +905 NOK. Equity 503.3k NOK → 194.9k NOK.

On the constructive side: operating result improved; turned profitable. Pressures included: equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for HAVILA SHIPPING ASA.

Scorecard

Operating result
-6 340 NOK +1 237 NOK
+119.5%
Net result
-6 343 NOK +905 NOK
+114.3%
Equity
503.3k NOK 194.9k NOK
-61.3%
Total assets
505.3k NOK 250.3k NOK
-50.5%

What improved

  • ↑

    Operating result improved

    Operating result -6 340 NOK → +1 237 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 6 343 NOK to a profit of 905 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 503.3k NOK → 194.9k NOK (equity ratio 99.6% → 77.9%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 500.0k NOK → 194 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 222.6k NOK. Reported fact