A. Vikhagen AS: årsregnskap 2002 vs 2001
Grew 36% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for A. Vikhagen AS. Revenue 2.75m NOK → 3.73m NOK (+35.9%). Net result +35.3k NOK → +164.4k NOK. Equity 193.7k NOK → 308.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.75m NOK to 3.73m NOK (+35.9% YoY). Calculated
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Operating result improved
Operating result +73.8k NOK → +252.6k NOK (op. margin 2.7% → 6.8%). Calculated
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Net result improved
Net result +35.3k NOK → +164.4k NOK (net margin 1.3% → 4.4%). Calculated
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Equity strengthened
Book equity 193.7k NOK → 308.0k NOK (equity ratio 29.0% → 170.8%). Calculated
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Payroll decreased
Salary cost 8.09m NOK → 8 NOK (295% → 0% of revenue). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.59× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated