A/S SØRENSEN OG BALCHEN: årsregnskap 2001 vs 2000
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for A/S SØRENSEN OG BALCHEN. Revenue 1.27bn NOK → 1.31bn NOK (+3.1%). Net result +20.21m NOK → +26.70m NOK. Equity 145.11m NOK → 166.47m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A/S SØRENSEN OG BALCHEN.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.27bn NOK to 1.31bn NOK (+3.1% YoY). Calculated
-
↑
Operating result improved
Operating result +29.42m NOK → +36.19m NOK (op. margin 2.3% → 2.8%). Calculated
-
↑
Net result improved
Net result +20.21m NOK → +26.70m NOK (net margin 1.6% → 2.0%). Calculated
-
↑
Equity strengthened
Book equity 145.11m NOK → 166.47m NOK (equity ratio 54.1% → 57.9%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 26.45m NOK → 34.06m NOK (2% → 3% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 184.07m NOK → 204.08m NOK (+10.9% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 705.1k NOK → 1.25m NOK. Reported fact