ADMIN AS: årsregnskap 2002 vs 2001
Grew 7% on revenue
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ADMIN AS. Revenue 6.19m NOK → 6.62m NOK (+7.0%). Equity 500.3k NOK → 532.6k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADMIN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.19m NOK to 6.62m NOK (+7.0% YoY). Calculated
-
↑
Operating result improved
Operating result +761.7k NOK → +820.5k NOK (op. margin 12.3% → 12.4%). Calculated
-
↑
Equity strengthened
Book equity 500.3k NOK → 532.6k NOK (equity ratio 19.0% → 18.5%). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.15× → 0.84× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 879.4k NOK → 913.9k NOK (14% → 14% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 3.44m NOK → 3.68m NOK (+7.0% YoY). Calculated