A JØRGENSEN AS: årsregnskap 2001 vs 2000
Shrank 26% on revenue
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for A JØRGENSEN AS. Revenue 792.8k NOK → 583.1k NOK (-26.4%). Net result +151.5k NOK → +165.3k NOK. Equity 840.4k NOK → 605.7k NOK.
On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A JØRGENSEN AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +151.5k NOK → +165.3k NOK (net margin 19.1% → 28.3%). Calculated
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Payroll decreased
Salary cost 525.4k NOK → 299.3k NOK (66% → 51% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 792.8k NOK to 583.1k NOK (-26.4% YoY). Calculated
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↓
Operating result weakened
Operating result +160.4k NOK → +6 096 NOK (op. margin 20.2% → 1.0%). Calculated
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↓
Equity eroded
Book equity 840.4k NOK → 605.7k NOK (equity ratio 21.0% → 51.2%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4 000 NOK → 1 000 NOK. Reported fact