3 PRO, PROFESJONELL PROTOTYP OG PODUKTUTVIKLING AS: årsregnskap 2002 vs 2001
Grew 19% on revenue, stronger earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for 3 PRO, PROFESJONELL PROTOTYP OG PODUKTUTVIKLING AS. Revenue 843.6k NOK → 1.00m NOK (+19.0%). Net result +28.0k NOK → +668.5k NOK. Equity 971.8k NOK → 303.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for 3 PRO, PROFESJONELL PROTOTYP OG PODUKTUTVIKLING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 843.6k NOK to 1.00m NOK (+19.0% YoY). Calculated
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Operating result improved
Operating result +216.1k NOK → +767.3k NOK (op. margin 25.6% → 76.4%). Calculated
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Net result improved
Net result +28.0k NOK → +668.5k NOK (net margin 3.3% → 66.6%). Calculated
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Payroll decreased
Salary cost 6.17m NOK → 1.07m NOK (731% → 107% of revenue). Calculated
What deteriorated
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Equity eroded
Book equity 971.8k NOK → 303.3k NOK (equity ratio 30.6% → 51.9%). Calculated
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Cash fell
Bank deposits 4.14m NOK → 118.9k NOK (-97.1% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (4.14m NOK → 118.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS moved
COGS / varekostnad 0 NOK → 41.7k NOK (None YoY). Calculated