FirmaIQ
Org.nr 883 255 232 2001 → 2002 Year-over-year analysis

ABACI INVEST AS: årsregnskap 2002 vs 2001

Shrank 16% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for ABACI INVEST AS. Revenue 29.5k NOK → 24.8k NOK (-16.0%). Net result -16.9k NOK → -126.5k NOK. Equity 87.2k NOK → -39.2k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABACI INVEST AS.

At a glance

Scorecard

Revenue
29.5k NOK 24.8k NOK
-16.0%
Operating result
+16.3k NOK -162.8k NOK
-1100.8%
Net result
-16.9k NOK -126.5k NOK
-649.9%
Equity
87.2k NOK -39.2k NOK
-145.0%
Cash
9 907 NOK 38.1k NOK
+285.1%
Total assets
206.4k NOK 196.8k NOK
-4.7%

What improved

  • ↑

    Cash rose

    Bank deposits 9 907 NOK → 38.1k NOK (+285.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 29.5k NOK to 24.8k NOK (-16.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +16.3k NOK → -162.8k NOK (op. margin 55.1% → -656.1%). Calculated

  • ↓

    Net result weakened

    Net result -16.9k NOK → -126.5k NOK (net margin -57.1% → -509.6%). Calculated

  • ↓

    Equity eroded

    Book equity 87.2k NOK → -39.2k NOK (equity ratio 42.3% → -19.9%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.51× → 0.51× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -19.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation