ABLE PRODUCTS AS: årsregnskap 2002 vs 2001
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ABLE PRODUCTS AS. Equity 28.8k NOK → 16.3k NOK.
Pressures included: equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABLE PRODUCTS AS.
At a glance
Scorecard
Equity
28.8k NOK
16.3k NOK
-43.2%
Total assets
102.4k NOK
89.9k NOK
-12.2%
What deteriorated
-
↓
Equity eroded
Book equity 28.8k NOK → 16.3k NOK (equity ratio 28.1% → 18.2%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 45.0k NOK → 0 NOK (-100.0% YoY). Calculated