ABRY DESIGN AS: årsregnskap 2002 vs 2001
Shrank 10% on revenue, slipped into loss, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ABRY DESIGN AS. Revenue 4.79m NOK → 4.33m NOK (-9.5%). Net result +10.49m NOK → -696.5k NOK. Equity 1.48m NOK → 781.5k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABRY DESIGN AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 4.79m NOK to 4.33m NOK (-9.5% YoY). Calculated
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Operating result weakened
Operating result +442.3k NOK → -709.7k NOK (op. margin 9.2% → -16.4%). Calculated
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Fell into a net loss
Net result flipped from 10.49m NOK profit to a loss of 696.5k NOK. Calculated
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Equity eroded
Book equity 1.48m NOK → 781.5k NOK (equity ratio 28.7% → 17.5%). Calculated
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Cash fell
Bank deposits 107.9k NOK → 25.0k NOK (-76.9% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 5 644 NOK → 1.00m NOK. Reported fact