A. SÆTHER COMPAGNIET EIENDOM AS: årsregnskap 2001 vs 2000
Shrank 93% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for A. SÆTHER COMPAGNIET EIENDOM AS. Revenue 744.1k NOK → 55.0k NOK (-92.6%). Net result +46.2k NOK → -37.1k NOK. Equity -95.3k NOK → -132.4k NOK.
On the constructive side: operating result improved; current ratio back above 1×. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. SÆTHER COMPAGNIET EIENDOM AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +530.5k NOK → +543.9k NOK (op. margin 71.3% → 988.8%). Calculated
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Current ratio back above 1×
Current ratio 0.84× → 2.29×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 744.1k NOK to 55.0k NOK (-92.6% YoY). Calculated
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Fell into a net loss
Net result flipped from 46.2k NOK profit to a loss of 37.1k NOK. Calculated
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Equity eroded
Book equity -95.3k NOK → -132.4k NOK (equity ratio -1.4% → -2.0%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -2.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation