AEB EIENDOMINVEST AS: årsregnskap 2002 vs 2001
Grew 11% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AEB EIENDOMINVEST AS. Revenue 59.90m NOK → 66.26m NOK (+10.6%). Net result +2 701 NOK → +3.03m NOK. Equity 21.52m NOK → 10.83m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AEB EIENDOMINVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 59.90m NOK to 66.26m NOK (+10.6% YoY). Calculated
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↑
Net result improved
Net result +2 701 NOK → +3.03m NOK (net margin 0.0% → 4.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +7.42m NOK → +4.93m NOK (op. margin 12.4% → 7.4%). Calculated
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↓
Equity eroded
Book equity 21.52m NOK → 10.83m NOK (equity ratio 45.4% → 23.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.32× → 0.52× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 45.42m NOK → 44.82m NOK (-1.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 133.1k NOK → 179.4k NOK. Reported fact