AB SNEKKERN AS: årsregnskap 2001 vs 2000
Shrank 40% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for AB SNEKKERN AS. Revenue 282.9k NOK → 169.4k NOK (-40.1%). Net result +78.9k NOK → +1.56m NOK. Equity 158.9k NOK → 366.5k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AB SNEKKERN AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +109.6k NOK → +141.3k NOK (op. margin 38.7% → 83.4%). Calculated
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Net result improved
Net result +78.9k NOK → +1.56m NOK (net margin 27.9% → 919.5%). Calculated
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Equity strengthened
Book equity 158.9k NOK → 366.5k NOK (equity ratio 36.9% → 99.1%). Calculated
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Cash rose
Bank deposits 6 132 NOK → 1.95m NOK (+31665.8% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 282.9k NOK to 169.4k NOK (-40.1% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.04× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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COGS moved
COGS / varekostnad 49.9k NOK → 173.3k NOK (+247.2% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 2 000 NOK → 9 500 NOK. Reported fact