ABK-QVILLER AS: årsregnskap 2001 vs 2000
Grew 20% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for ABK-QVILLER AS. Revenue 10.59m NOK → 12.68m NOK (+19.8%). Net result +153.6k NOK → +36.0k NOK. Equity 602.3k NOK → 586.2k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABK-QVILLER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 10.59m NOK to 12.68m NOK (+19.8% YoY). Calculated
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↑
Cash rose
Bank deposits 156.4k NOK → 329.3k NOK (+110.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +292.5k NOK → +114.0k NOK (op. margin 2.8% → 0.9%). Calculated
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↓
Net result weakened
Net result +153.6k NOK → +36.0k NOK (net margin 1.5% → 0.3%). Calculated
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↓
Equity eroded
Book equity 602.3k NOK → 586.2k NOK (equity ratio 16.2% → 9.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 6.16m NOK → 7.44m NOK (+20.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 100.0k NOK → 18.0k NOK. Reported fact