A M HANSEN MASKINERING AS: årsregnskap 2001 vs 2000
Grew 20% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for A M HANSEN MASKINERING AS. Revenue 1.85m NOK → 2.21m NOK (+19.6%). Net result +28.1k NOK → -68.8k NOK. Equity 103.9k NOK → 35.1k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A M HANSEN MASKINERING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.85m NOK to 2.21m NOK (+19.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.61m NOK → 797.8k NOK (195% → 36% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +97.6k NOK → -35.6k NOK (op. margin 5.3% → -1.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 28.1k NOK profit to a loss of 68.8k NOK. Calculated
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↓
Equity eroded
Book equity 103.9k NOK → 35.1k NOK (equity ratio 11.2% → 3.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 580.9k NOK → 657.3k NOK (+13.2% YoY). Calculated