FirmaIQ
Org.nr 944 763 317 2001 → 2002 Year-over-year analysis

A/S SCAN AFRICAN: årsregnskap 2002 vs 2001

Shrank 64% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for A/S SCAN AFRICAN. Revenue 172.2k NOK → 61.4k NOK (-64.4%). Net result +65.6k NOK → +97.2k NOK. Equity 1.37m NOK → 1.47m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A/S SCAN AFRICAN.

At a glance

Scorecard

Revenue
172.2k NOK 61.4k NOK
-64.4%
Operating result
+46.0k NOK +65.5k NOK
+42.5%
Net result
+65.6k NOK +97.2k NOK
+48.1%
Equity
1.37m NOK 1.47m NOK
+7.1%
Total assets
1.79m NOK 1.64m NOK
-8.6%

What improved

  • ↑

    Operating result improved

    Operating result +46.0k NOK → +65.5k NOK (op. margin 26.7% → 106.7%). Calculated

  • ↑

    Net result improved

    Net result +65.6k NOK → +97.2k NOK (net margin 38.1% → 158.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.37m NOK → 1.47m NOK (equity ratio 76.7% → 89.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 357.7k NOK → 273.8k NOK (208% → 446% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 172.2k NOK to 61.4k NOK (-64.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 53.1k NOK → 15.6k NOK (-70.7% YoY). Calculated