A SANDBERG AS: årsregnskap 2002 vs 2001
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for A SANDBERG AS. Revenue 19.64m NOK → 20.12m NOK (+2.5%). Equity 1.32m NOK → 430.6k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A SANDBERG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 19.64m NOK to 20.12m NOK (+2.5% YoY). Calculated
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↑
Operating result improved
Operating result -203.0k NOK → +141.2k NOK (op. margin -1.0% → 0.7%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 1.32m NOK → 430.6k NOK (equity ratio 40.0% → 14.1%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.30× → 0.79× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.88m NOK → 1.90m NOK (10% → 9% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 16.35m NOK → 16.36m NOK (+0.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 25.0k NOK → 0 NOK. Reported fact