A PEDERSEN-MJAANES AS: årsregnskap 2002 vs 2001
Grew 7% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for A PEDERSEN-MJAANES AS. Revenue 2.42m NOK → 2.60m NOK (+7.3%). Net result +217.3k NOK → +275.3k NOK. Equity 439.1k NOK → 564.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A PEDERSEN-MJAANES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.42m NOK to 2.60m NOK (+7.3% YoY). Calculated
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↑
Operating result improved
Operating result +289.7k NOK → +368.0k NOK (op. margin 12.0% → 14.2%). Calculated
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↑
Net result improved
Net result +217.3k NOK → +275.3k NOK (net margin 9.0% → 10.6%). Calculated
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↑
Equity strengthened
Book equity 439.1k NOK → 564.4k NOK (equity ratio 54.0% → 3399.0%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 2.17× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 186.4k NOK → 192.2k NOK (8% → 7% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.88m NOK → 1.89m NOK (+1.0% YoY). Calculated