ABSOLUTESKILLS AS: årsregnskap 2001 vs 2000
Grew 134099% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for ABSOLUTESKILLS AS. Revenue 1 953 NOK → 2.62m NOK (+134098.7%). Net result -1 210 NOK → +269.8k NOK. Equity 98.8k NOK → 368.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABSOLUTESKILLS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 953 NOK to 2.62m NOK (+134098.7% YoY). Calculated
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Operating result improved
Operating result +4 936 NOK → +386.4k NOK (op. margin 252.7% → 14.7%). Calculated
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Turned profitable
Net result flipped from a loss of 1 210 NOK to a profit of 269.8k NOK. Calculated
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Equity strengthened
Book equity 98.8k NOK → 368.6k NOK (equity ratio 26.6% → 1839.5%). Calculated
Things to notice
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Payroll increased
Salary cost 3 514 NOK → 1.28m NOK (180% → 49% of revenue). Calculated
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COGS fell
COGS / varekostnad 1.16m NOK → 0 NOK (-100.0% YoY). Calculated