ABS ASSURANSEAGENTURER AS: årsregnskap 2002 vs 2001
Shrank 8% on revenue
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ABS ASSURANSEAGENTURER AS. Revenue 977.9k NOK → 898.8k NOK (-8.1%). Equity 334.8k NOK → 233.0k NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
977.9k NOK
898.8k NOK
-8.1%
Operating result
+219.4k NOK
+271.6k NOK
+23.8%
Equity
334.8k NOK
233.0k NOK
-30.4%
Total assets
2.52m NOK
2.00m NOK
-20.8%
What improved
-
↑
Operating result improved
Operating result +219.4k NOK → +271.6k NOK (op. margin 22.4% → 30.2%). Calculated
-
↑
Payroll decreased
Salary cost 509.8k NOK → 456.1k NOK (52% → 51% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 977.9k NOK to 898.8k NOK (-8.1% YoY). Calculated
-
↓
Equity eroded
Book equity 334.8k NOK → 233.0k NOK (equity ratio 13.3% → 11.7%). Calculated