FirmaIQ
Org.nr 976 160 622 2001 → 2002 Year-over-year analysis

A OLSEN & SØNN AS: årsregnskap 2002 vs 2001

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for A OLSEN & SØNN AS. Revenue 1.04m NOK → 1.04m NOK (-0.6%). Net result +73.8k NOK → +56.8k NOK. Equity 175.9k NOK → 119.1k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A OLSEN & SØNN AS.

At a glance

Scorecard

Revenue
1.04m NOK 1.04m NOK
-0.6%
Operating result
+13.6k NOK +118.8k NOK
+776.9%
Net result
+73.8k NOK +56.8k NOK
-23.0%
Equity
175.9k NOK 119.1k NOK
-32.3%
Total assets
717.9k NOK 36.0k NOK
-95.0%

What improved

  • ↑

    Operating result improved

    Operating result +13.6k NOK → +118.8k NOK (op. margin 1.3% → 11.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.04m NOK to 1.04m NOK (-0.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +73.8k NOK → +56.8k NOK (net margin 7.1% → 5.5%). Calculated

  • ↓

    Equity eroded

    Book equity 175.9k NOK → 119.1k NOK (equity ratio 24.5% → 330.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 385.5k NOK → 405.9k NOK (37% → 39% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 28.1k NOK → 0 NOK (-100.0% YoY). Calculated