A/S Enterprise: årsregnskap 2002 vs 2001
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for A/S Enterprise. Net result +297.2k NOK → +726.8k NOK. Equity 199.8k NOK → 3 199 NOK.
On the constructive side: net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A/S Enterprise.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +297.2k NOK → +726.8k NOK. Calculated
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↑
Cash rose
Bank deposits 26.8k NOK → 30.2k NOK (+12.6% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 199.8k NOK → 3 199 NOK (equity ratio 20.6% → 0.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.17× → 0.24× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 2 NOK → 1.33m NOK. Reported fact