AD2R HOLDING AS: årsregnskap 2002 vs 2001
Shrank 33% on revenue
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AD2R HOLDING AS. Revenue 3.53m NOK → 2.37m NOK (-32.9%). Net result +11.8k NOK → +21.6k NOK. Equity 224.6k NOK → 246.2k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AD2R HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +19.9k NOK → +26.7k NOK (op. margin 0.6% → 1.1%). Calculated
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↑
Net result improved
Net result +11.8k NOK → +21.6k NOK (net margin 0.3% → 0.9%). Calculated
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↑
Equity strengthened
Book equity 224.6k NOK → 246.2k NOK (equity ratio 25.3% → 107.8%). Calculated
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↑
Payroll decreased
Salary cost 2.11m NOK → 2 002 NOK (60% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.53m NOK to 2.37m NOK (-32.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.14× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.01m NOK → 5 779 NOK (-99.4% YoY). Calculated