ABA-TECH AS: årsregnskap 2001 vs 2000
Grew 15% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for ABA-TECH AS. Revenue 11.20m NOK → 12.85m NOK (+14.7%). Net result +343.7k NOK → +243.1k NOK. Equity 847.9k NOK → 841.0k NOK.
On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABA-TECH AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 11.20m NOK to 12.85m NOK (+14.7% YoY). Calculated
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Operating result improved
Operating result +507.7k NOK → +856.1k NOK (op. margin 4.5% → 6.7%). Calculated
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Payroll decreased
Salary cost 3.76m NOK → 1 NOK (34% → 0% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +343.7k NOK → +243.1k NOK (net margin 3.1% → 1.9%). Calculated
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↓
Equity eroded
Book equity 847.9k NOK → 841.0k NOK (equity ratio 14.9% → 14.8%). Calculated
Things to notice
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COGS fell
COGS / varekostnad 4.61m NOK → 4.26m NOK (-7.6% YoY). Calculated