Org.nr 979 584 296 2001 → 2002 Year-over-year analysis

4KNITS AS: årsregnskap 2002 vs 2001

Grew 59% on revenue, cash halved-plus

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for 4KNITS AS. Revenue 1.58m NOK → 2.51m NOK (+59.4%). Equity 219.8k NOK → 180.5k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 4KNITS AS.

At a glance

Revenue

1.58m NOK 2.51m NOK

+59.4%

Operating result

+56.9k NOK +40.4k NOK

-29.0%

Net result

+29.7k NOK n/m

—

Equity

219.8k NOK 180.5k NOK

-17.9%

Cash

316.0k NOK 126.0k NOK

-60.1%

Total assets

611.5k NOK 680.4k NOK

+11.3%

↑
Revenue rose

Operating income / revenue moved from 1.58m NOK to 2.51m NOK (+59.4% YoY). Calculated

↓
Operating result weakened

Operating result +56.9k NOK → +40.4k NOK (op. margin 3.6% → 1.6%). Calculated
↓
Equity eroded

Book equity 219.8k NOK → 180.5k NOK (equity ratio 35.9% → 26.5%). Calculated
↓
Cash fell

Bank deposits 316.0k NOK → 126.0k NOK (-60.1% YoY). Calculated

·
COGS moved

COGS / varekostnad 302.7k NOK → 780.6k NOK (+157.9% YoY). Calculated