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Org.nr 947 803 476 2001 → 2002 Year-over-year analysis

A & B JERNVARE AS: årsregnskap 2002 vs 2001

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for A & B JERNVARE AS. Revenue 4.29m NOK → 4.27m NOK (-0.6%). Net result +184.2k NOK → +132.0k NOK. Equity 480.1k NOK → 172.2k NOK.

On the constructive side: cash rose; current ratio back above 1×. 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 A & B JERNVARE AS.

At a glance

Scorecard

Revenue
4.29m NOK 4.27m NOK
-0.6%
Operating result
+275.0k NOK +209.4k NOK
-23.9%
Net result
+184.2k NOK +132.0k NOK
-28.3%
Equity
480.1k NOK 172.2k NOK
-64.1%
Cash
53.6k NOK 101.0k NOK
+88.4%

What improved

  • ↑

    Cash rose

    Bank deposits 53.6k NOK → 101.0k NOK (+88.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.07× → 2.44×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.29m NOK to 4.27m NOK (-0.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +275.0k NOK → +209.4k NOK (op. margin 6.4% → 4.9%). Calculated

  • ↓

    Net result weakened

    Net result +184.2k NOK → +132.0k NOK (net margin 4.3% → 3.1%). Calculated

  • ↓

    Equity eroded

    Book equity 480.1k NOK → 172.2k NOK. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 720.9k NOK → 822.5k NOK (17% → 19% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.86m NOK → 2.80m NOK (-1.9% YoY). Calculated