ADOBE SYSTEMS NORGE AS: årsregnskap 2002 vs 2001
Grew 17% on revenue, weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for ADOBE SYSTEMS NORGE AS. Revenue 7.70m NOK → 8.98m NOK (+16.7%). Net result +651.5k NOK → +494.1k NOK. Equity 1.73m NOK → 2.22m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.70m NOK to 8.98m NOK (+16.7% YoY). Calculated
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↑
Equity strengthened
Book equity 1.73m NOK → 2.22m NOK (equity ratio 52.9% → 68.7%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +779.7k NOK → +676.5k NOK (op. margin 10.1% → 7.5%). Calculated
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↓
Net result weakened
Net result +651.5k NOK → +494.1k NOK (net margin 8.5% → 5.5%). Calculated
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↓
Cash fell
Bank deposits 1.60m NOK → 714.7k NOK (-55.3% YoY). Calculated