ADDISCO AS: årsregnskap 2001 vs 2000
Shrank 82% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for ADDISCO AS. Revenue 980.2k NOK → 180.9k NOK (-81.5%). Net result -39.5k NOK → -757.9k NOK. Equity 933.7k NOK → 85.8k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADDISCO AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 980.2k NOK to 180.9k NOK (-81.5% YoY). Calculated
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Operating result weakened
Operating result -56.5k NOK → -779.9k NOK (op. margin -5.8% → -431.2%). Calculated
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Net result weakened
Net result -39.5k NOK → -757.9k NOK (net margin -4.0% → -419.0%). Calculated
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Equity eroded
Book equity 933.7k NOK → 85.8k NOK (equity ratio 126005.8% → 5.8%). Calculated
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Payroll up without matching revenue
Salary cost 55.8k NOK → 5.49m NOK (6% → 3035% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 933.7k NOK → 85.8k NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 932.9k NOK → 810.7k NOK (-13.1% YoY). Calculated