ABA-TECH AS: årsregnskap 2002 vs 2001
Shrank 100% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ABA-TECH AS. Revenue 12.85m NOK → 12.8k NOK (-99.9%). Net result +243.1k NOK → +1.03m NOK. Equity 841.0k NOK → 1.28m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.
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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↑
Operating result improved
Operating result +856.1k NOK → +1.26m NOK (op. margin 6.7% → 9838.1%). Calculated
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↑
Net result improved
Net result +243.1k NOK → +1.03m NOK (net margin 1.9% → 8082.6%). Calculated
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↑
Equity strengthened
Book equity 841.0k NOK → 1.28m NOK (equity ratio 14.8% → 23.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 12.85m NOK to 12.8k NOK (-99.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.26m NOK → 3.57m NOK (-16.2% YoY). Calculated