ADB REGNSKAP AS: årsregnskap 2002 vs 2001
Grew 363% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ADB REGNSKAP AS. Revenue 291.7k NOK → 1.35m NOK (+363.2%). Net result +21.0k NOK → -20.3k NOK. Equity 74.8k NOK → 54.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADB REGNSKAP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 291.7k NOK to 1.35m NOK (+363.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +16.8k NOK → -8 881 NOK (op. margin 5.8% → -0.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 21.0k NOK profit to a loss of 20.3k NOK. Calculated
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↓
Equity eroded
Book equity 74.8k NOK → 54.4k NOK. Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.26× → 0.67× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 946.9k NOK → 953.6k NOK (325% → 71% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 9 100 NOK → 36.3k NOK. Reported fact