ACLIMA AS: årsregnskap 2002 vs 2001
Grew 69% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ACLIMA AS. Revenue 16.43m NOK → 27.83m NOK (+69.4%). Net result +240.9k NOK → +340.0k NOK. Equity 4.00m NOK → 929.9k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ACLIMA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 16.43m NOK to 27.83m NOK (+69.4% YoY). Calculated
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↑
Net result improved
Net result +240.9k NOK → +340.0k NOK (net margin 1.5% → 1.2%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +419.4k NOK → +307.6k NOK (op. margin 2.6% → 1.1%). Calculated
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↓
Equity eroded
Book equity 4.00m NOK → 929.9k NOK (equity ratio 34.2% → 6.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 8.16m NOK → 14.62m NOK (+79.2% YoY). Calculated