FirmaIQ
Org.nr 961 109 337 2001 → 2002 Year-over-year analysis

A GULLAKSEN & SØNNER AS: årsregnskap 2002 vs 2001

Grew 11% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for A GULLAKSEN & SØNNER AS. Revenue 26.80m NOK → 29.65m NOK (+10.6%). Net result +9.24m NOK → +6.72m NOK. Equity 28.76m NOK → 29.52m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for A GULLAKSEN & SØNNER AS.

At a glance

Scorecard

Revenue
26.80m NOK 29.65m NOK
+10.6%
Operating result
+10.90m NOK +12.11m NOK
+11.1%
Net result
+9.24m NOK +6.72m NOK
-27.3%
Equity
28.76m NOK 29.52m NOK
+2.6%
Total assets
38.82m NOK 40.57m NOK
+4.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 26.80m NOK to 29.65m NOK (+10.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +10.90m NOK → +12.11m NOK (op. margin 40.7% → 40.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 28.76m NOK → 29.52m NOK (equity ratio 74.1% → 72.8%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +9.24m NOK → +6.72m NOK (net margin 34.5% → 22.7%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 320.0k NOK → 295.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 10.32m NOK → 11.46m NOK (39% → 39% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 1.32m NOK → 1.31m NOK (-0.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5.02m NOK → 1.41m NOK. Reported fact