ACHIEVES AS: årsregnskap 2002 vs 2001
Shrank 87% on revenue
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ACHIEVES AS. Revenue 919.2k NOK → 121.9k NOK (-86.7%). Equity -428.2k NOK → -391.9k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cogs moved.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACHIEVES AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -343.1k NOK → +51.6k NOK (op. margin -37.3% → 42.4%). Calculated
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↑
Equity strengthened
Book equity -428.2k NOK → -391.9k NOK (equity ratio -534.2% → -834.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 919.2k NOK to 121.9k NOK (-86.7% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 222.9k NOK → 483.6k NOK (+117.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -834.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation