ADNOVA AS: årsregnskap 2001 vs 2000
Shrank 71% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for ADNOVA AS. Revenue 167.0k NOK → 48.5k NOK (-71.0%). Net result +6 541 NOK → -118.9k NOK. Equity 106.5k NOK → -12.4k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADNOVA AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 167.0k NOK to 48.5k NOK (-71.0% YoY). Calculated
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Operating result weakened
Operating result +34.1k NOK → -146.4k NOK (op. margin 20.4% → -301.8%). Calculated
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Fell into a net loss
Net result flipped from 6 541 NOK profit to a loss of 118.9k NOK. Calculated
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Equity eroded
Book equity 106.5k NOK → -12.4k NOK (equity ratio 14.5% → -2.2%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -2.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation