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Org.nr 811 673 862 2001 → 2002 Year-over-year analysis

ADELIN AS: årsregnskap 2002 vs 2001

Shrank 10% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for ADELIN AS. Revenue 21.10m NOK → 18.90m NOK (-10.5%). Net result +430.8k NOK → +37.6k NOK. Equity 4.35m NOK → 1.58m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADELIN AS.

At a glance

Scorecard

Revenue
21.10m NOK 18.90m NOK
-10.5%
Operating result
+1.33m NOK +759.5k NOK
-43.0%
Net result
+430.8k NOK +37.6k NOK
-91.3%
Equity
4.35m NOK 1.58m NOK
-63.6%
Cash
468.7k NOK 10.25m NOK
+2087.2%
Total assets
16.26m NOK 15.79m NOK
-2.9%

What improved

  • ↑

    Cash rose

    Bank deposits 468.7k NOK → 10.25m NOK (+2087.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.85m NOK → 5.78m NOK (28% → 31% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 21.10m NOK to 18.90m NOK (-10.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.33m NOK → +759.5k NOK (op. margin 6.3% → 4.0%). Calculated

  • ↓

    Net result weakened

    Net result +430.8k NOK → +37.6k NOK (net margin 2.0% → 0.2%). Calculated

  • ↓

    Equity eroded

    Book equity 4.35m NOK → 1.58m NOK (equity ratio 26.8% → 10.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 11.77m NOK → 10.35m NOK (-12.1% YoY). Calculated