A/S Longvafisk: årsregnskap 2002 vs 2001
Grew 14% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for A/S Longvafisk. Revenue 23.34m NOK → 26.59m NOK (+13.9%). Equity 1.79m NOK → 1.08m NOK.
On the constructive side: revenue rose; operating result improved; owners injected capital. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A/S Longvafisk.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 23.34m NOK to 26.59m NOK (+13.9% YoY). Calculated
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↑
Operating result improved
Operating result +188.0k NOK → +686.7k NOK (op. margin 0.8% → 2.6%). Calculated
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↑
Owners injected capital
Paid-in equity rose 650 NOK → 650.0k NOK (+649.4k NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 1.79m NOK → 1.08m NOK (equity ratio 28.4% → 18.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.80m NOK → 1.81m NOK (8% → 7% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 19.47m NOK → 21.29m NOK (+9.4% YoY). Calculated