Org.nr 979 334 494 2001 → 2002 Year-over-year analysis

A & B ANDREASSEN MASKIN AS: årsregnskap 2002 vs 2001

Shrank 45% on revenue

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for A & B ANDREASSEN MASKIN AS. Revenue 5.09m NOK → 2.79m NOK (-45.2%). Equity 296.1k NOK → 48.8k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A & B ANDREASSEN MASKIN AS.

At a glance

Revenue

5.09m NOK 2.79m NOK

-45.2%

Operating result

+603.0k NOK -270.5k NOK

-144.9%

Equity

296.1k NOK 48.8k NOK

-83.5%

Cash

n/m 27.4k NOK

—

Total assets

2.19m NOK 1.88m NOK

-13.9%

↓
Revenue fell

Operating income / revenue moved from 5.09m NOK to 2.79m NOK (-45.2% YoY). Calculated
↓
Operating result weakened

Operating result +603.0k NOK → -270.5k NOK (op. margin 11.9% → -9.7%). Calculated
↓
Equity eroded

Book equity 296.1k NOK → 48.8k NOK (equity ratio 13.5% → 2.6%). Calculated

·
Thin equity buffer

Equity ratio is 2.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 1.38m NOK → 532.9k NOK (-61.4% YoY). Calculated