Org.nr 980 084 361 2001 → 2002 Year-over-year analysis

ADNOVA AS: årsregnskap 2002 vs 2001

Shrank 45% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2002 with 2001 for ADNOVA AS. Revenue 48.5k NOK → 26.5k NOK (-45.4%). Net result -118.9k NOK → -134.9k NOK. Equity -12.4k NOK → -147.3k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADNOVA AS.

Scorecard

Revenue
48.5k NOK 26.5k NOK
-45.4%
Operating result
-146.4k NOK -195.2k NOK
-33.3%
Net result
-118.9k NOK -134.9k NOK
-13.5%
Equity
-12.4k NOK -147.3k NOK
-1089.7%
Total assets
566.2k NOK 219.3k NOK
-61.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 48.5k NOK to 26.5k NOK (-45.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -146.4k NOK → -195.2k NOK (op. margin -301.8% → -736.4%). Calculated

  • ↓

    Net result weakened

    Net result -118.9k NOK → -134.9k NOK (net margin -245.2% → -509.1%). Calculated

  • ↓

    Equity eroded

    Book equity -12.4k NOK → -147.3k NOK (equity ratio -2.2% → -67.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -67.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation