ADM AS: årsregnskap 2002 vs 2001
Shrank 22% on revenue
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ADM AS. Revenue 1.57m NOK → 1.22m NOK (-22.4%). Equity 279.7k NOK → 189.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADM AS.
At a glance
Scorecard
Revenue
1.57m NOK
1.22m NOK
-22.4%
Operating result
n/m
+187.5k NOK
—
Equity
279.7k NOK
189.0k NOK
-32.4%
Total assets
2.00m NOK
1.88m NOK
-6.2%
What improved
-
↑
Payroll decreased
Salary cost 572.2k NOK → 478.5k NOK (36% → 39% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.57m NOK to 1.22m NOK (-22.4% YoY). Calculated
-
↓
Equity eroded
Book equity 279.7k NOK → 189.0k NOK (equity ratio 14.0% → 10.1%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 29.0k NOK → 10.0k NOK. Reported fact