AB ELEKTRISK AS: årsregnskap 2002 vs 2001
Grew 18% on revenue, weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AB ELEKTRISK AS. Revenue 3.20m NOK → 3.77m NOK (+17.9%). Net result +230.6k NOK → +116.1k NOK. Equity 337.2k NOK → 353.3k NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AB ELEKTRISK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.20m NOK to 3.77m NOK (+17.9% YoY). Calculated
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↑
Equity strengthened
Book equity 337.2k NOK → 353.3k NOK (equity ratio 25.2% → 23.4%). Calculated
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↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +319.2k NOK → +165.4k NOK (op. margin 10.0% → 4.4%). Calculated
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↓
Net result weakened
Net result +230.6k NOK → +116.1k NOK (net margin 7.2% → 3.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.06m NOK → 1.40m NOK (33% → 37% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.21m NOK → 1.48m NOK (+22.0% YoY). Calculated