ABNOR AS: årsregnskap 2002 vs 2001
Grew 12448276291129% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ABNOR AS. Revenue 7 NOK → 871.38bn NOK (+12448276291128.6%). Net result +143.8k NOK → +303.2k NOK. Equity 313.5k NOK → 210.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABNOR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7 NOK to 871.38bn NOK (+12448276291128.6% YoY). Calculated
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↑
Operating result improved
Operating result +7 NOK → +389.70bn NOK (op. margin 100.0% → 44.7%). Calculated
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↑
Net result improved
Net result +143.8k NOK → +303.2k NOK (net margin 2053642.9% → 0.0%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 313.5k NOK → 210.7k NOK (equity ratio 65.0% → 25.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 68915.29× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 159.1k NOK → 384.8k NOK (2272143% → 0% of revenue). Calculated