FirmaIQ
Org.nr 983 361 161 2001 → 2002 Year-over-year analysis

ADVANCED MACHINE COMPANY AS: årsregnskap 2002 vs 2001

Grew 90% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for ADVANCED MACHINE COMPANY AS. Revenue 2.58m NOK → 4.91m NOK (+90.1%). Net result +88.8k NOK → +21.3k NOK. Equity 191.0k NOK → 169.7k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVANCED MACHINE COMPANY AS.

At a glance

Scorecard

Revenue
2.58m NOK 4.91m NOK
+90.1%
Operating result
+117.3k NOK +33.5k NOK
-71.5%
Net result
+88.8k NOK +21.3k NOK
-76.1%
Equity
191.0k NOK 169.7k NOK
-11.1%
Total assets
1.09m NOK 1.46m NOK
+33.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.58m NOK to 4.91m NOK (+90.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +117.3k NOK → +33.5k NOK (op. margin 4.5% → 0.7%). Calculated

  • ↓

    Net result weakened

    Net result +88.8k NOK → +21.3k NOK (net margin 3.4% → 0.4%). Calculated

  • ↓

    Equity eroded

    Book equity 191.0k NOK → 169.7k NOK (equity ratio 17.5% → 11.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.31m NOK → 1.58m NOK (51% → 32% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.74m NOK → 2.44m NOK (+40.3% YoY). Calculated