ABC STUDIO AS: årsregnskap 2002 vs 2001
Grew 23% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ABC STUDIO AS. Revenue 90.5k NOK → 111.3k NOK (+23.0%). Net result -37.1k NOK → -10.4k NOK. Equity 31.7k NOK → 21.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABC STUDIO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 90.5k NOK to 111.3k NOK (+23.0% YoY). Calculated
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↑
Operating result improved
Operating result -16.1k NOK → +8 294 NOK (op. margin -17.8% → 7.5%). Calculated
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↑
Net result improved
Net result -37.1k NOK → -10.4k NOK (net margin -41.0% → -9.3%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 31.7k NOK → 21.3k NOK (equity ratio 15.3% → 12.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.02× → 0.89× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 938 NOK → 100.9k NOK (+10661.0% YoY). Calculated