Org.nr 982 078 512 2001 → 2002 Year-over-year analysis

ABSHERON AS: årsregnskap 2002 vs 2001

Slipped into loss

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2002 with 2001 for ABSHERON AS. Net result +62.6k NOK → -36.0k NOK. Equity 42.1k NOK → 6 081 NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABSHERON AS.

Scorecard

Revenue
0 NOK n/m
—
Operating result
-6 652 NOK -14.7k NOK
-120.8%
Net result
+62.6k NOK -36.0k NOK
-157.5%
Equity
42.1k NOK 6 081 NOK
-85.5%
Total assets
123.3k NOK 90.6k NOK
-26.5%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -6 652 NOK → -14.7k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 62.6k NOK profit to a loss of 36.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 42.1k NOK → 6 081 NOK (equity ratio 34.1% → 6.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.11m NOK → 43.8k NOK. Reported fact