HAVILA SHIPPING ASA: årsregnskap 2003 vs 2002
Returned to profit
Summary
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.
At a glance
Scorecard
What improved
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↑
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
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·
Paid-in equity reduced
Paid-in equity fell 500.0k NOK → 194 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 0 NOK → 222.6k NOK. Reported fact