1000 MILE NORGE AS: årsregnskap 2001 vs 2000
Shrank 43% on revenue
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for 1000 MILE NORGE AS. Revenue 132.8k NOK → 76.2k NOK (-42.6%). Equity -198.2k NOK → -236.6k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 1000 MILE NORGE AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 132.8k NOK to 76.2k NOK (-42.6% YoY). Calculated
-
↓
Equity eroded
Book equity -198.2k NOK → -236.6k NOK (equity ratio -764.5% → -1196.0%). Calculated
-
↓
Cash fell
Bank deposits 4 408 NOK → 3 283 NOK (-25.5% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost -9 775 NOK → 0 NOK (-7% → 0% of revenue). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -1196.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 37.0k NOK → 0 NOK (-100.0% YoY). Calculated