3ANGLE AS: årsregnskap 2002 vs 2001
Shrank 48% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for 3ANGLE AS. Revenue 1.13m NOK → 589.6k NOK (-48.0%). Equity 506.8k NOK → 72.8k NOK.
On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 3ANGLE AS.
At a glance
Scorecard
What improved
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↑
Owners injected capital
Paid-in equity rose 900 NOK → 801.0k NOK (+800.1k NOK). Reported fact
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↑
Payroll decreased
Salary cost 831.5k NOK → 565.9k NOK (73% → 96% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.13m NOK to 589.6k NOK (-48.0% YoY). Calculated
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↓
Operating result weakened
Operating result -357.1k NOK → -435.7k NOK (op. margin -31.5% → -73.9%). Calculated
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↓
Equity eroded
Book equity 506.8k NOK → 72.8k NOK (equity ratio 59.8% → 20.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.71× → 0.65× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 98.1k NOK → 58.0k NOK (-40.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 2 682 NOK. Reported fact