AGENDA AKTIV AS: årsregnskap 2002 vs 2001
Grew 33% on revenue
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AGENDA AKTIV AS. Revenue 25.96m NOK → 34.58m NOK (+33.2%). Equity -209.5k NOK → -1.28m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGENDA AKTIV AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 25.96m NOK to 34.58m NOK (+33.2% YoY). Calculated
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↑
Operating result improved
Operating result +2 001 NOK → +86.6k NOK (op. margin 0.0% → 0.3%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -209.5k NOK → -1.28m NOK (equity ratio -1.1% → -4.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.33× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 14.04m NOK → 17.19m NOK (54% → 50% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 7.02m NOK → 9.19m NOK (+30.9% YoY). Calculated