ACM HOLDING AS: årsregnskap 2002 vs 2001
Grew 104% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ACM HOLDING AS. Revenue 28.0k NOK → 57.2k NOK (+104.3%). Net result -28.3k NOK → -15.0k NOK. Equity -184.4k NOK → -124.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACM HOLDING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 28.0k NOK to 57.2k NOK (+104.3% YoY). Calculated
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Operating result improved
Operating result -28.6k NOK → -15.4k NOK (op. margin -102.2% → -26.9%). Calculated
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Net result improved
Net result -28.3k NOK → -15.0k NOK (net margin -101.0% → -26.2%). Calculated
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Equity strengthened
Book equity -184.4k NOK → -124.4k NOK (equity ratio -428.4% → -952.4%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -952.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation