Org.nr 919 742 356 2001 → 2002 Year-over-year analysis

3B-FIBREGLASS NORWAY AS: årsregnskap 2002 vs 2001

Shrank 7% on revenue, weaker earnings

Full company analysis · All year comparisons

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.

Scorecard

Revenue
298.1k NOK 278.5k NOK
-6.6%
Operating result
+59.5k NOK +36.3k NOK
-39.0%
Net result
+37.1k NOK +22.1k NOK
-40.2%
Equity
94.9k NOK 114.4k NOK
+20.6%
Total assets
358.2k NOK 289.7k NOK
-19.1%

What improved

  • ↑

    Equity strengthened

    Book equity 94.9k NOK → 114.4k NOK (equity ratio 26.5% → 39.5%). Calculated

What deteriorated

  • ↓

    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

  • ↓

    Net result weakened

    Net result +37.1k NOK → +22.1k NOK (net margin 12.4% → 8.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 49.7k NOK → 43.1k NOK (-13.4% YoY). Calculated