ABSOLUTE BAR AS: årsregnskap 2002 vs 2001
Cash halved-plus
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ABSOLUTE BAR AS. Net result +7 217 NOK → +8 036 NOK. Equity 293.2k NOK → 101.2k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABSOLUTE BAR AS.
At a glance
Scorecard
Operating result
+13.9k NOK
n/m
—
Net result
+7 217 NOK
+8 036 NOK
+11.3%
Equity
293.2k NOK
101.2k NOK
-65.5%
Cash
323.8k NOK
6 326 NOK
-98.0%
Total assets
340.6k NOK
674.1k NOK
+97.9%
What deteriorated
-
↓
Equity eroded
Book equity 293.2k NOK → 101.2k NOK (equity ratio 86.1% → 15.0%). Calculated
-
↓
Cash fell
Bank deposits 323.8k NOK → 6 326 NOK (-98.0% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 300.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation