Org.nr 977 058 228 2001 → 2002 Year-over-year analysis

ABRA FINANCE AS: årsregnskap 2002 vs 2001

Shrank 77% on revenue

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for ABRA FINANCE AS. Revenue 1.07m NOK → 242.0k NOK (-77.4%). Equity 200.8k NOK → 1 847 NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABRA FINANCE AS.

At a glance

Revenue

1.07m NOK 242.0k NOK

-77.4%

Operating result

+407.7k NOK +34.0k NOK

-91.7%

Equity

200.8k NOK 1 847 NOK

-99.1%

Total assets

1.10m NOK 473.1k NOK

-56.8%

↑
Payroll decreased

Salary cost 475.3k NOK → 2 NOK (44% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.07m NOK to 242.0k NOK (-77.4% YoY). Calculated
↓
Operating result weakened

Operating result +407.7k NOK → +34.0k NOK (op. margin 38.1% → 14.1%). Calculated
↓
Equity eroded

Book equity 200.8k NOK → 1 847 NOK (equity ratio 18.3% → 0.4%). Calculated
↓
COGS moved

COGS / varekostnad 0 NOK → 22.3k NOK (None YoY). Calculated

·
Thin equity buffer

Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation