ABECO AS: årsregnskap 2002 vs 2001
Grew 716% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ABECO AS. Revenue 79.3k NOK → 647.6k NOK (+716.3%). Net result +415 NOK → -76.9k NOK. Equity 111.1k NOK → 26.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABECO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 79.3k NOK to 647.6k NOK (+716.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -125 NOK → -76.5k NOK (op. margin -0.2% → -11.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 415 NOK profit to a loss of 76.9k NOK. Calculated
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↓
Equity eroded
Book equity 111.1k NOK → 26.8k NOK (equity ratio 53.0% → 13.7%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad -79.5k NOK → -573.1k NOK (-621.3% YoY). Calculated