Org.nr 982 529 204 2001 → 2002 Year-over-year analysis

ADARIS AS: årsregnskap 2002 vs 2001

Weaker earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2002 with 2001 for ADARIS AS. Revenue 993 NOK → 993 NOK (0.0%). Net result +879.3k NOK → 0 NOK. Equity 151.3k NOK → -768.6k NOK.

On the constructive side: payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADARIS AS.

Scorecard

Revenue
993 NOK 993 NOK
0.0%
Operating result
+791.2k NOK -41.2k NOK
-105.2%
Net result
+879.3k NOK 0 NOK
-100.0%
Equity
151.3k NOK -768.6k NOK
-608.0%
Total assets
506.9k NOK 5.89m NOK
+1062.0%

What improved

  • ↑

    Payroll decreased

    Salary cost 23.2k NOK → 2 400 NOK (2339% → 242% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +791.2k NOK → -41.2k NOK (op. margin 79677.7% → -4144.6%). Calculated

  • ↓

    Net result weakened

    Net result +879.3k NOK → 0 NOK (net margin 88545.4% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 151.3k NOK → -768.6k NOK (equity ratio 29.8% → -13.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -13.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3.31m NOK → 4.67m NOK. Reported fact