ADIGO MEKATRONIKK AS: årsregnskap 2002 vs 2001
Shrank 100% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ADIGO MEKATRONIKK AS. Revenue 6.59m NOK → 4 970 NOK (-99.9%). Net result +579.6k NOK → +349.7k NOK. Equity 318.8k NOK → 7 318 NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADIGO MEKATRONIKK AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 6.59m NOK to 4 970 NOK (-99.9% YoY). Calculated
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Operating result weakened
Operating result +400.0k NOK → +274.1k NOK (op. margin 6.1% → 5514.4%). Calculated
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Net result weakened
Net result +579.6k NOK → +349.7k NOK (net margin 8.8% → 7035.6%). Calculated
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Equity eroded
Book equity 318.8k NOK → 7 318 NOK (equity ratio 10.2% → 1.8%). Calculated
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Current ratio dropped below 1×
Current ratio 6.86× → 0.17× — 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 1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 163.0k NOK → 125.5k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 85.2k NOK → 150.2k NOK. Reported fact