ABACUS RATIO AS: årsregnskap 2002 vs 2001
Grew 11% on revenue
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ABACUS RATIO AS. Revenue 30.47m NOK → 33.69m NOK (+10.6%). Equity 10.55m NOK → 6.76m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABACUS RATIO AS.
At a glance
Scorecard
Revenue
30.47m NOK
33.69m NOK
+10.6%
Equity
10.55m NOK
6.76m NOK
-35.9%
Cash
5.05m NOK
2.96m NOK
-41.5%
Total assets
28.97m NOK
21.93m NOK
-24.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 30.47m NOK to 33.69m NOK (+10.6% YoY). Calculated
-
↑
Payroll decreased
Salary cost 9.53m NOK → 9.23m NOK (31% → 27% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 10.55m NOK → 6.76m NOK (equity ratio 36.4% → 30.8%). Calculated
-
↓
Cash fell
Bank deposits 5.05m NOK → 2.96m NOK (-41.5% YoY). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 18.69m NOK → 21.93m NOK (+17.3% YoY). Calculated