A LEVERSUND & CO AS: årsregnskap 2001 vs 2000
Shrank 13% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for A LEVERSUND & CO AS. Revenue 4.79m NOK → 4.18m NOK (-12.7%). Net result +74.2k NOK → +162.4k NOK. Equity 369.4k NOK → 107.0k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A LEVERSUND & CO AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +140.3k NOK → +189.5k NOK (op. margin 2.9% → 4.5%). Calculated
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↑
Net result improved
Net result +74.2k NOK → +162.4k NOK (net margin 1.5% → 3.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.79m NOK to 4.18m NOK (-12.7% YoY). Calculated
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↓
Equity eroded
Book equity 369.4k NOK → 107.0k NOK (equity ratio 29.5% → 10.0%). Calculated
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↓
Cash fell
Bank deposits 52.4k NOK → 43.7k NOK (-16.5% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 991.0k NOK → 1.96m NOK (21% → 47% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.77m NOK → 1.67m NOK (-5.4% YoY). Calculated