Org.nr 913 214 439 2001 → 2002 Year-over-year analysis

A JOHANSEN AS: årsregnskap 2002 vs 2001

Shrank 26% on revenue

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for A JOHANSEN AS. Revenue 54.09m NOK → 40.23m NOK (-25.6%). Equity 4.20m NOK → 1.85m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A JOHANSEN AS.

At a glance

Revenue

54.09m NOK 40.23m NOK

-25.6%

Operating result

+378.1k NOK -3.05m NOK

-905.6%

Equity

4.20m NOK 1.85m NOK

-56.0%

Total assets

21.38m NOK 20.82m NOK

-2.6%

↓
Revenue fell

Operating income / revenue moved from 54.09m NOK to 40.23m NOK (-25.6% YoY). Calculated
↓
Operating result weakened

Operating result +378.1k NOK → -3.05m NOK (op. margin 0.7% → -7.6%). Calculated
↓
Equity eroded

Book equity 4.20m NOK → 1.85m NOK (equity ratio 19.6% → 8.9%). Calculated
↓
Payroll up without matching revenue

Salary cost 3.83m NOK → 4.65m NOK (7% → 12% of revenue). Calculated

·
Thin equity buffer

Equity ratio is 8.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 33.25m NOK → 28.15m NOK (-15.3% YoY). Calculated