ABO MASKIN AS: årsregnskap 2002 vs 2001
Grew 5% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ABO MASKIN AS. Revenue 870.6k NOK → 915.4k NOK (+5.1%). Net result +71.8k NOK → +90.6k NOK. Equity 5 670 NOK → 96.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABO MASKIN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 870.6k NOK to 915.4k NOK (+5.1% YoY). Calculated
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Operating result improved
Operating result +19.3k NOK → +194.3k NOK (op. margin 2.2% → 21.2%). Calculated
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Net result improved
Net result +71.8k NOK → +90.6k NOK (net margin 8.2% → 9.9%). Calculated
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Equity strengthened
Book equity 5 670 NOK → 96.3k NOK (equity ratio 1.0% → 17.4%). Calculated
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Current ratio back above 1×
Current ratio 0.89× → 1.42×. Calculated
Things to notice
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Payroll increased
Salary cost 339.4k NOK → 4.26m NOK (39% → 465% of revenue). Calculated
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COGS fell
COGS / varekostnad 75.7k NOK → 58.9k NOK (-22.2% YoY). Calculated