3P DISTRIBUSJON AS: årsregnskap 2002 vs 2001
Shrank 81% on revenue
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for 3P DISTRIBUSJON AS. Revenue 1.25m NOK → 230.9k NOK (-81.5%). Net result +11.7k NOK → +9 837 NOK. Equity 85.5k NOK → 75.7k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. 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 3P DISTRIBUSJON AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.89× → 1.41×. Calculated
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↑
Payroll decreased
Salary cost 96.7k NOK → 2 NOK (8% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.25m NOK to 230.9k NOK (-81.5% YoY). Calculated
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↓
Operating result weakened
Operating result +243.2k NOK → -13.1k NOK (op. margin 19.5% → -5.7%). Calculated
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↓
Net result weakened
Net result +11.7k NOK → +9 837 NOK (net margin 0.9% → 4.3%). Calculated
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↓
Equity eroded
Book equity 85.5k NOK → 75.7k NOK. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 348.3k NOK → 73.3k NOK (-79.0% YoY). Calculated