A HØIBO AS: årsregnskap 2002 vs 2001
Grew 20% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for A HØIBO AS. Revenue 22.99m NOK → 27.67m NOK (+20.4%). Net result +528.0k NOK → +792.6k NOK. Equity 8.86m NOK → 8.15m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for A HØIBO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 22.99m NOK to 27.67m NOK (+20.4% YoY). Calculated
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↑
Net result improved
Net result +528.0k NOK → +792.6k NOK (net margin 2.3% → 2.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +649.9k NOK → +312.0k NOK (op. margin 2.8% → 1.1%). Calculated
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↓
Equity eroded
Book equity 8.86m NOK → 8.15m NOK (equity ratio 62.0% → 61.2%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 200.0k NOK → 500 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 2.79m NOK → 2.85m NOK (12% → 10% of revenue). Calculated
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COGS moved
COGS / varekostnad 16.18m NOK → 18.04m NOK (+11.5% YoY). Calculated