FirmaIQ
Org.nr 916 155 808 2001 → 2002 Year-over-year analysis

A/S Spilka Industri: årsregnskap 2002 vs 2001

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for A/S Spilka Industri. Revenue 107.40m NOK → 105.76m NOK (-1.5%). Net result +168.36m NOK → +68.35m NOK. Equity 87.94m NOK → 12.99m NOK.

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

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

At a glance

Scorecard

Revenue
107.40m NOK 105.76m NOK
-1.5%
Operating result
+22.3k NOK +21.27m NOK
+95218.9%
Net result
+168.36m NOK +68.35m NOK
-59.4%
Equity
87.94m NOK 12.99m NOK
-85.2%
Total assets
127.34m NOK 129.75m NOK
+1.9%

What improved

  • ↑

    Operating result improved

    Operating result +22.3k NOK → +21.27m NOK (op. margin 0.0% → 20.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 107.40m NOK to 105.76m NOK (-1.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +168.36m NOK → +68.35m NOK (net margin 156.8% → 64.6%). Calculated

  • ↓

    Equity eroded

    Book equity 87.94m NOK → 12.99m NOK (equity ratio 69.1% → 10.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.01× → 0.79× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 31.22m NOK → 26.88m NOK (-13.9% YoY). Calculated