ABILDSØ FYSIO- OG MANUELLTERAPI AS: årsregnskap 2002 vs 2001
Shrank 53% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ABILDSØ FYSIO- OG MANUELLTERAPI AS. Revenue 1.69m NOK → 794.8k NOK (-53.0%). Net result +8 013 NOK → -52.0k NOK. Equity 93.9k NOK → 41.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABILDSØ FYSIO- OG MANUELLTERAPI AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 1 NOK → -363.4k NOK (0% → -46% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.69m NOK to 794.8k NOK (-53.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +77.5k NOK → +39.2k NOK (op. margin 4.6% → 4.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 8 013 NOK profit to a loss of 52.0k NOK. Calculated
-
↓
Equity eroded
Book equity 93.9k NOK → 41.9k NOK (equity ratio 6.9% → 5.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 5.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 0 NOK → -6 045 NOK (None YoY). Calculated