Org.nr 916 177 860 2001 → 2002 Year-over-year analysis

A STAKE AS: årsregnskap 2002 vs 2001

Stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2002 with 2001 for A STAKE AS. Revenue 3.55m NOK → 3.55m NOK (+0.1%). Net result +6 848 NOK → +39.4k NOK. Equity 118.2k NOK → 78.8k NOK.

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

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for A STAKE AS.

Scorecard

Revenue
3.55m NOK 3.55m NOK
+0.1%
Operating result
+41.2k NOK +9 505 NOK
-77.0%
Net result
+6 848 NOK +39.4k NOK
+475.1%
Equity
118.2k NOK 78.8k NOK
-33.3%
Cash
3 848 NOK 3 982 NOK
+3.5%
Total assets
1.26m NOK 1.15m NOK
-8.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.55m NOK to 3.55m NOK (+0.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +6 848 NOK → +39.4k NOK (net margin 0.2% → 1.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +41.2k NOK → +9 505 NOK (op. margin 1.2% → 0.3%). Calculated

  • ↓

    Equity eroded

    Book equity 118.2k NOK → 78.8k NOK (equity ratio 9.4% → 6.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.48m NOK → 1.31m NOK (-11.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 17.0k NOK → 5 569 NOK. Reported fact