Org.nr 945 274 476 2001 → 2002 Year-over-year analysis

ACCOUNT-IT AS: årsregnskap 2002 vs 2001

Shrank 8% on revenue

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for ACCOUNT-IT AS. Revenue 9.68m NOK → 8.87m NOK (-8.4%). Net result +441.0k NOK → +428.9k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACCOUNT-IT AS.

At a glance

Revenue

9.68m NOK 8.87m NOK

-8.4%

Operating result

+726.7k NOK +264.1k NOK

-63.7%

Net result

+441.0k NOK +428.9k NOK

-2.7%

Total assets

5.10m NOK 3.61m NOK

-29.2%

↑
Payroll decreased

Salary cost 6.37m NOK → 2 002 NOK (66% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 9.68m NOK to 8.87m NOK (-8.4% YoY). Calculated
↓
Operating result weakened

Operating result +726.7k NOK → +264.1k NOK (op. margin 7.5% → 3.0%). Calculated

·
COGS fell

COGS / varekostnad 310.2k NOK → 168.3k NOK (-45.7% YoY). Calculated
·
Book investments changed

Investment / intangible book value 165.5k NOK → 233.9k NOK. Reported fact