2TAL AS: årsregnskap 2002 vs 2001
Grew 58% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for 2TAL AS. Revenue 11.37m NOK → 17.91m NOK (+57.6%). Net result +62 NOK → +54.0k NOK. Equity 1.16m NOK → 608.4k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 2TAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 11.37m NOK to 17.91m NOK (+57.6% YoY). Calculated
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↑
Net result improved
Net result +62 NOK → +54.0k NOK (net margin 0.0% → 0.3%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +805.3k NOK → +170.4k NOK (op. margin 7.1% → 1.0%). Calculated
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↓
Equity eroded
Book equity 1.16m NOK → 608.4k NOK (equity ratio 27.2% → 11.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 4.65m NOK → 7.69m NOK (41% → 43% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 4.78m NOK → 8.13m NOK (+70.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 200 NOK → 25.0k NOK. Reported fact