A/S Ariel: årsregnskap 2001 vs 2000
Shrank 34% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for A/S Ariel. Revenue 79.0k NOK → 52.1k NOK (-34.1%). Net result +79.0k NOK → +52.1k NOK. Equity -50.3k NOK → -63.2k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A/S Ariel.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 79.0k NOK to 52.1k NOK (-34.1% YoY). Calculated
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↓
Operating result weakened
Operating result -12.8k NOK → -13.4k NOK (op. margin -16.2% → -25.7%). Calculated
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↓
Net result weakened
Net result +79.0k NOK → +52.1k NOK (net margin 100.0% → 100.0%). Calculated
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↓
Equity eroded
Book equity -50.3k NOK → -63.2k NOK (equity ratio -75.1% → -113.7%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -113.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 23.2k NOK → 16.7k NOK (-28.2% YoY). Calculated