Org.nr 812 676 342 2001 → 2002 Year-over-year analysis

A HILLING AS: årsregnskap 2002 vs 2001

Shrank 7% on revenue

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for A HILLING AS. Revenue 38.25m NOK → 35.64m NOK (-6.8%). Equity 3.36m NOK → 4.60m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A HILLING AS.

At a glance

Revenue

38.25m NOK 35.64m NOK

-6.8%

Operating result

+1.31m NOK +1.92m NOK

+46.5%

Equity

3.36m NOK 4.60m NOK

+36.8%

Total assets

10.60m NOK 10.90m NOK

+2.9%

↑
Operating result improved

Operating result +1.31m NOK → +1.92m NOK (op. margin 3.4% → 5.4%). Calculated
↑
Equity strengthened

Book equity 3.36m NOK → 4.60m NOK (equity ratio 31.7% → 42.2%). Calculated

↓
Revenue fell

Operating income / revenue moved from 38.25m NOK to 35.64m NOK (-6.8% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2 001 NOK → 6.11m NOK (0% → 17% of revenue). Calculated

·
COGS fell

COGS / varekostnad 26.67m NOK → 24.07m NOK (-9.7% YoY). Calculated
·
Book investments changed

Investment / intangible book value 754.3k NOK → 744.3k NOK. Reported fact