Org.nr 980 402 320 2001 → 2002 Year-over-year analysis

ABENA NORGE AS: årsregnskap 2002 vs 2001

Grew 44% on revenue, slipped into loss

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for ABENA NORGE AS. Revenue 18.00m NOK → 25.89m NOK (+43.8%). Net result +1.22m NOK → -968.7k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABENA NORGE AS.

At a glance

Revenue

18.00m NOK 25.89m NOK

+43.8%

Operating result

+1.24m NOK -959.1k NOK

-177.2%

Net result

+1.22m NOK -968.7k NOK

-179.5%

Cash

1.50m NOK 1.47m NOK

-2.1%

Total assets

8.16m NOK 11.33m NOK

+38.9%

↑
Revenue rose

Operating income / revenue moved from 18.00m NOK to 25.89m NOK (+43.8% YoY). Calculated

↓
Operating result weakened

Operating result +1.24m NOK → -959.1k NOK (op. margin 6.9% → -3.7%). Calculated
↓
Fell into a net loss

Net result flipped from 1.22m NOK profit to a loss of 968.7k NOK. Calculated
↓
Cash fell

Bank deposits 1.50m NOK → 1.47m NOK (-2.1% YoY). Calculated

·
Payroll increased

Salary cost 2.67m NOK → 2.82m NOK (15% → 11% of revenue). Calculated
·
COGS moved

COGS / varekostnad 14.2k NOK → 20.46m NOK (+144022.4% YoY). Calculated