A BJØRNSTAD AS: årsregnskap 2002 vs 2001
Grew 9% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for A BJØRNSTAD AS. Revenue 1.43m NOK → 1.55m NOK (+8.7%). Net result -304.0k NOK → -185.0k NOK. Equity 2.02m NOK → 1.03m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.43m NOK to 1.55m NOK (+8.7% YoY). Calculated
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↑
Operating result improved
Operating result +586.9k NOK → +649.2k NOK (op. margin 41.1% → 41.9%). Calculated
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↑
Net result improved
Net result -304.0k NOK → -185.0k NOK (net margin -21.3% → -11.9%). Calculated
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↑
Payroll decreased
Salary cost -60.7k NOK → -67.8k NOK (-4% → -4% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 2.02m NOK → 1.03m NOK (equity ratio 18.8% → 10.2%). Calculated