FirmaIQ
Org.nr 950 572 701 2001 → 2002 Year-over-year analysis

ABA ELEKTRO AS: årsregnskap 2002 vs 2001

Grew 30% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for ABA ELEKTRO AS. Revenue 6.96m NOK → 9.02m NOK (+29.6%). Net result +968.3k NOK → +406.0k NOK. Equity 2 187 NOK → 793 NOK.

On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABA ELEKTRO AS.

At a glance

Scorecard

Revenue
6.96m NOK 9.02m NOK
+29.6%
Operating result
n/m +847.8k NOK
—
Net result
+968.3k NOK +406.0k NOK
-58.1%
Equity
2 187 NOK 793 NOK
-63.7%
Cash
33.9k NOK 74.8k NOK
+120.4%
Total assets
3.45m NOK 3.76m NOK
+9.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.96m NOK to 9.02m NOK (+29.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 33.9k NOK → 74.8k NOK (+120.4% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +968.3k NOK → +406.0k NOK (net margin 13.9% → 4.5%). Calculated

  • ↓

    Equity eroded

    Book equity 2 187 NOK → 793 NOK (equity ratio 0.1% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 2.90m NOK → 4.40m NOK (+52.0% YoY). Calculated