FirmaIQ
Org.nr 947 038 400 2000 → 2001 Year-over-year analysis

A/S SørMek: årsregnskap 2001 vs 2000

Shrank 22% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2001 with 2000 for A/S SørMek. Revenue 18.35m NOK → 14.34m NOK (-21.9%). Net result +569.2k NOK → +411.9k NOK. Equity 1.56m NOK → 1.67m NOK.

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

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

At a glance

Scorecard

Revenue
18.35m NOK 14.34m NOK
-21.9%
Operating result
+873.7k NOK +712.1k NOK
-18.5%
Net result
+569.2k NOK +411.9k NOK
-27.6%
Equity
1.56m NOK 1.67m NOK
+7.2%
Cash
273.2k NOK 256.1k NOK
-6.3%
Total assets
7.12m NOK 6.71m NOK
-5.7%

What improved

  • ↑

    Equity strengthened

    Book equity 1.56m NOK → 1.67m NOK (equity ratio 21.9% → 24.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 18.35m NOK to 14.34m NOK (-21.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +873.7k NOK → +712.1k NOK (op. margin 4.8% → 5.0%). Calculated

  • ↓

    Net result weakened

    Net result +569.2k NOK → +411.9k NOK (net margin 3.1% → 2.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 273.2k NOK → 256.1k NOK (-6.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4.89m NOK → 5.01m NOK (27% → 35% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 10.99m NOK → 6.85m NOK (-37.7% YoY). Calculated