A1 SECURITY AS: årsregnskap 2002 vs 2001
Grew 11% on revenue
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for A1 SECURITY AS. Revenue 141.9k NOK → 157.5k NOK (+11.0%). Equity 108.0k NOK → 2 518 NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A1 SECURITY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 141.9k NOK to 157.5k NOK (+11.0% YoY). Calculated
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↑
Operating result improved
Operating result +76.9k NOK → +88.8k NOK (op. margin 54.2% → 56.4%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 108.0k NOK → 2 518 NOK (equity ratio 202.7% → 1.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 112.7k NOK → 40.2k NOK (-64.4% YoY). Calculated