A. WESTRE AS: årsregnskap 2001 vs 2000
Grew 27% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for A. WESTRE AS. Revenue 18.78m NOK → 23.84m NOK (+26.9%). Net result +10.6k NOK → +333.7k NOK. Equity 3.96m NOK → 4.30m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A. WESTRE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 18.78m NOK to 23.84m NOK (+26.9% YoY). Calculated
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↑
Net result improved
Net result +10.6k NOK → +333.7k NOK (net margin 0.1% → 1.4%). Calculated
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↑
Equity strengthened
Book equity 3.96m NOK → 4.30m NOK (equity ratio 31.1% → 32.7%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.99× → 1.30×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +420.6k NOK → +75.9k NOK (op. margin 2.2% → 0.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 7.55m NOK → 9.04m NOK (40% → 38% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 6.90m NOK → 8.76m NOK (+27.0% YoY). Calculated