Org.nr 925 102 423 2001 → 2002 Year-over-year analysis

ABEL FINANS AS: årsregnskap 2002 vs 2001

A steady year on the published lines

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2002 with 2001 for ABEL FINANS AS. Revenue 274.6k NOK → 278.5k NOK (+1.4%). Net result +160.6k NOK → +137.1k NOK. Equity 2.27m NOK → 2.23m NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
274.6k NOK 278.5k NOK
+1.4%
Operating result
+142.9k NOK +97.9k NOK
-31.5%
Net result
+160.6k NOK +137.1k NOK
-14.6%
Equity
2.27m NOK 2.23m NOK
-1.8%
Cash
230.6k NOK 1.54m NOK
+566.6%
Total assets
3.11m NOK 3.30m NOK
+6.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 274.6k NOK to 278.5k NOK (+1.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 230.6k NOK → 1.54m NOK (+566.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.79× → 2.55×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +142.9k NOK → +97.9k NOK (op. margin 52.0% → 35.2%). Calculated

  • ↓

    Net result weakened

    Net result +160.6k NOK → +137.1k NOK (net margin 58.5% → 49.2%). Calculated

  • ↓

    Equity eroded

    Book equity 2.27m NOK → 2.23m NOK (equity ratio 73.2% → 67.6%). Calculated