A J MOHN AS: årsregnskap 2002 vs 2001
Grew 9% on revenue, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for A J MOHN AS. Revenue 6.00m NOK → 6.54m NOK (+8.9%). Net result +574.9k NOK → +639.4k NOK. Equity 720.1k NOK → 299.4k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A J MOHN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.00m NOK to 6.54m NOK (+8.9% YoY). Calculated
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↑
Net result improved
Net result +574.9k NOK → +639.4k NOK (net margin 9.6% → 9.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +924.4k NOK → +54.8k NOK (op. margin 15.4% → 0.8%). Calculated
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↓
Equity eroded
Book equity 720.1k NOK → 299.4k NOK (equity ratio 30.7% → 11.1%). Calculated
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↓
Cash fell
Bank deposits 933.0k NOK → 331.0k NOK (-64.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.36× → 0.25× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.60m NOK → 1.68m NOK (27% → 26% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.46m NOK → 2.75m NOK (+12.0% YoY). Calculated