AE FROGNER AS: årsregnskap 2001 vs 2000
Grew 34% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for AE FROGNER AS. Revenue 360.2k NOK → 481.1k NOK (+33.6%). Net result -172.7k NOK → -72.5k NOK. Equity 10.7k NOK → -61.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AE FROGNER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 360.2k NOK to 481.1k NOK (+33.6% YoY). Calculated
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↑
Operating result improved
Operating result +34.7k NOK → +125.6k NOK (op. margin 9.6% → 26.1%). Calculated
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↑
Net result improved
Net result -172.7k NOK → -72.5k NOK (net margin -48.0% → -15.1%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 10.7k NOK → -61.5k NOK (equity ratio 3.0% → -1.9%). Calculated
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↓
Cash fell
Bank deposits 53.8k NOK → 30.3k NOK (-43.7% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -1.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation