ABC-COMPANY E-SKUVLA AS: årsregnskap 2002 vs 2001
Grew 208% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ABC-COMPANY E-SKUVLA AS. Revenue 873.7k NOK → 2.70m NOK (+208.5%). Net result +216.6k NOK → +16.3k NOK. Equity 271.0k NOK → 254.7k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABC-COMPANY E-SKUVLA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 873.7k NOK to 2.70m NOK (+208.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +284.8k NOK → +38.2k NOK (op. margin 32.6% → 1.4%). Calculated
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↓
Net result weakened
Net result +216.6k NOK → +16.3k NOK (net margin 24.8% → 0.6%). Calculated
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↓
Equity eroded
Book equity 271.0k NOK → 254.7k NOK (equity ratio 91.1% → 11.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.33× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.12m NOK → 2.78m NOK (129% → 103% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 369.1k NOK → 494.9k NOK (+34.1% YoY). Calculated