ACCOUNTOR VAT-SERVICE AS: årsregnskap 2001 vs 2000
Shrank 28% on revenue, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for ACCOUNTOR VAT-SERVICE AS. Revenue 484.7k NOK → 349.9k NOK (-27.8%). Net result +2 641 NOK → +5 079 NOK. Equity 62.2k NOK → 57.1k NOK.
On the constructive side: net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ACCOUNTOR VAT-SERVICE AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +2 641 NOK → +5 079 NOK (net margin 0.5% → 1.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 484.7k NOK to 349.9k NOK (-27.8% YoY). Calculated
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↓
Equity eroded
Book equity 62.2k NOK → 57.1k NOK (equity ratio 8.8% → 9.9%). Calculated
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↓
Cash fell
Bank deposits 11.58m NOK → 472.9k NOK (-95.9% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (11.58m NOK → 472.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 22.2k NOK → 32.5k NOK. Reported fact