Org.nr 979 633 793 2001 → 2002 Year-over-year analysis

ABSOLUT EIENDOM AS: årsregnskap 2002 vs 2001

Weaker earnings, fresh owner capital

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2002 with 2001 for ABSOLUT EIENDOM AS. Revenue 0 NOK → 380.2k NOK. Net result -3 500 NOK → -85.1k NOK. Equity 14.5k NOK → -20.6k NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ABSOLUT EIENDOM AS.

Scorecard

Revenue
0 NOK 380.2k NOK
—
Operating result
-3 500 NOK -86.3k NOK
-2365.5%
Net result
-3 500 NOK -85.1k NOK
-2331.1%
Equity
14.5k NOK -20.6k NOK
-242.7%
Total assets
23.0k NOK 115.3k NOK
+402.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 380.2k NOK. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3 500 NOK → -86.3k NOK. Calculated

  • ↓

    Net result weakened

    Net result -3 500 NOK → -85.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 14.5k NOK → -20.6k NOK (equity ratio 63.0% → -17.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -17.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2 NOK → 2.29m NOK. Calculated