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Org.nr 942 813 708 2001 → 2002 Year-over-year analysis

ABRA AS: årsregnskap 2002 vs 2001

Shrank 73% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for ABRA AS. Revenue 22.05m NOK → 5.87m NOK (-73.4%). Net result +2.67m NOK → +4.21m NOK. Equity 13.73m NOK → 2.35m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABRA AS.

At a glance

Scorecard

Revenue
22.05m NOK 5.87m NOK
-73.4%
Operating result
+3.68m NOK +5.28m NOK
+43.5%
Net result
+2.67m NOK +4.21m NOK
+57.8%
Equity
13.73m NOK 2.35m NOK
-82.9%
Total assets
17.08m NOK 15.08m NOK
-11.8%

What improved

  • ↑

    Operating result improved

    Operating result +3.68m NOK → +5.28m NOK (op. margin 16.7% → 89.8%). Calculated

  • ↑

    Net result improved

    Net result +2.67m NOK → +4.21m NOK (net margin 12.1% → 71.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 22.05m NOK to 5.87m NOK (-73.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 13.73m NOK → 2.35m NOK (equity ratio 80.4% → 15.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.37× → 0.35× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 11.52m NOK → 0 NOK (-100.0% YoY). Calculated