A/S Voldsminde VII: årsregnskap 2002 vs 2001
Grew 39% on revenue
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for A/S Voldsminde VII. Revenue 330.22bn NOK → 458.55bn NOK (+38.9%). Equity -457.2k NOK → -603.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Voldsminde VII.
At a glance
Scorecard
Revenue
330.22bn NOK
458.55bn NOK
+38.9%
Operating result
n/m
+35.99bn NOK
—
Equity
-457.2k NOK
-603.1k NOK
-31.9%
Cash
180.6k NOK
320.7k NOK
+77.5%
Total assets
657.0k NOK
726.7k NOK
+10.6%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 330.22bn NOK to 458.55bn NOK (+38.9% YoY). Calculated
-
↑
Cash rose
Bank deposits 180.6k NOK → 320.7k NOK (+77.5% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -457.2k NOK → -603.1k NOK (equity ratio -69.6% → -83.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -83.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation