3T STJØRDAL AS: årsregnskap 2001 vs 2000
Shrank 20% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for 3T STJØRDAL AS. Revenue 6.19m NOK → 4.98m NOK (-19.6%). Net result +284.0k NOK → -709.8k NOK. Equity 900.9k NOK → -1.61m NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 3T STJØRDAL AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.19m NOK to 4.98m NOK (-19.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +30.1k NOK → -508.7k NOK (op. margin 0.5% → -10.2%). Calculated
-
↓
Fell into a net loss
Net result flipped from 284.0k NOK profit to a loss of 709.8k NOK. Calculated
-
↓
Equity eroded
Book equity 900.9k NOK → -1.61m NOK (equity ratio 29.9% → -70.9%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 NOK → 2.17m NOK (0% → 44% of revenue). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -70.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 479.0k NOK → 321.8k NOK (-32.8% YoY). Calculated