FirmaIQ
Org.nr 972 408 832 2001 → 2002 Year-over-year analysis

A-VET SMÅDYRKLINIKK AS: årsregnskap 2002 vs 2001

Grew 48% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for A-VET SMÅDYRKLINIKK AS. Revenue 2.29m NOK → 3.40m NOK (+48.3%). Net result -178.3k NOK → -27.3k NOK. Equity -219.4k NOK → -463.7k NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A-VET SMÅDYRKLINIKK AS.

At a glance

Scorecard

Revenue
2.29m NOK 3.40m NOK
+48.3%
Operating result
+127.1k NOK +13.8k NOK
-89.2%
Net result
-178.3k NOK -27.3k NOK
+84.7%
Equity
-219.4k NOK -463.7k NOK
-111.4%
Total assets
568.9k NOK 1.02m NOK
+78.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.29m NOK to 3.40m NOK (+48.3% YoY). Calculated

  • ↑

    Net result improved

    Net result -178.3k NOK → -27.3k NOK (net margin -7.8% → -0.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 749.0k NOK → 366.5k NOK (33% → 11% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +127.1k NOK → +13.8k NOK (op. margin 5.6% → 0.4%). Calculated

  • ↓

    Equity eroded

    Book equity -219.4k NOK → -463.7k NOK (equity ratio -38.6% → -45.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -45.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 536.0k NOK → 910.8k NOK (+69.9% YoY). Calculated