A/S Ariel: årsregnskap 2002 vs 2001
Shrank 13% on revenue
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for A/S Ariel. Revenue 52.1k NOK → 45.2k NOK (-13.2%). Equity -63.2k NOK → -62.6k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell.
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
Revenue
52.1k NOK
45.2k NOK
-13.2%
Operating result
-13.4k NOK
+259 NOK
+101.9%
Net result
+52.1k NOK
n/m
—
Equity
-63.2k NOK
-62.6k NOK
+1.0%
Total assets
55.6k NOK
46.7k NOK
-16.0%
What improved
-
↑
Operating result improved
Operating result -13.4k NOK → +259 NOK (op. margin -25.7% → 0.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 52.1k NOK to 45.2k NOK (-13.2% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -134.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 16.7k NOK → 8 270 NOK (-50.4% YoY). Calculated