3B-FIBREGLASS NORWAY AS: årsregnskap 2002 vs 2001
Shrank 7% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for 3B-FIBREGLASS NORWAY AS. Revenue 298.1k NOK → 278.5k NOK (-6.6%). Net result +37.1k NOK → +22.1k NOK. Equity 94.9k NOK → 114.4k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3B-FIBREGLASS NORWAY AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 94.9k NOK → 114.4k NOK (equity ratio 26.5% → 39.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 298.1k NOK to 278.5k NOK (-6.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +59.5k NOK → +36.3k NOK (op. margin 19.9% → 13.0%). Calculated
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↓
Net result weakened
Net result +37.1k NOK → +22.1k NOK (net margin 12.4% → 8.0%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 49.7k NOK → 43.1k NOK (-13.4% YoY). Calculated