A 1 BYGGMESTER JOHAN AS: årsregnskap 2002 vs 2001
Shrank 63% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for A 1 BYGGMESTER JOHAN AS. Revenue 6.64m NOK → 2.46m NOK (-63.0%). Net result +972.1k NOK → +107.1k NOK. Equity 319.5k NOK → 126.6k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A 1 BYGGMESTER JOHAN AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 6.64m NOK to 2.46m NOK (-63.0% YoY). Calculated
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Operating result weakened
Operating result +1.03m NOK → +169.3k NOK (op. margin 15.5% → 6.9%). Calculated
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Net result weakened
Net result +972.1k NOK → +107.1k NOK (net margin 14.6% → 4.4%). Calculated
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↓
Equity eroded
Book equity 319.5k NOK → 126.6k NOK (equity ratio 10.1% → 9.3%). Calculated
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Current ratio dropped below 1×
Current ratio 1.06× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 9.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 3.73m NOK → 1.05m NOK (-71.8% YoY). Calculated