A HØNSEN SJÅFØRSKOLE AS: årsregnskap 2002 vs 2001
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for A HØNSEN SJÅFØRSKOLE AS. Revenue 5.85m NOK → 5.94m NOK (+1.6%). Net result +383.1k NOK → +136.7k NOK. Equity 314.5k NOK → 284.3k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A HØNSEN SJÅFØRSKOLE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.85m NOK to 5.94m NOK (+1.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.75× → 1.58×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +592.6k NOK → +289.5k NOK (op. margin 10.1% → 4.9%). Calculated
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↓
Net result weakened
Net result +383.1k NOK → +136.7k NOK (net margin 6.5% → 2.3%). Calculated
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↓
Equity eroded
Book equity 314.5k NOK → 284.3k NOK (equity ratio 10.1% → 10.0%). Calculated
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↓
Cash fell
Bank deposits 340.4k NOK → 207.3k NOK (-39.1% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.31m NOK → 2.43m NOK (39% → 41% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 726.1k NOK → 778.2k NOK (+7.2% YoY). Calculated