ACTIVE GOLF AS: årsregnskap 2001 vs 2000
Grew 111% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for ACTIVE GOLF AS. Revenue 956.9k NOK → 2.02m NOK (+111.4%). Net result -35.3k NOK → +103.4k NOK. Equity 610.6k NOK → 614.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTIVE GOLF AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 956.9k NOK to 2.02m NOK (+111.4% YoY). Calculated
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Operating result improved
Operating result -80.4k NOK → +153.5k NOK (op. margin -8.4% → 7.6%). Calculated
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Turned profitable
Net result flipped from a loss of 35.3k NOK to a profit of 103.4k NOK. Calculated
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Equity strengthened
Book equity 610.6k NOK → 614.0k NOK (equity ratio 50.1% → 54.8%). Calculated
Things to notice
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Payroll increased
Salary cost -474.9k NOK → 629.6k NOK (-50% → 31% of revenue). Calculated
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COGS moved
COGS / varekostnad -736.7k NOK → 84.1k NOK (+111.4% YoY). Calculated