AGENTUR ROALD KVERNELAND AS: årsregnskap 2002 vs 2001
Shrank 44% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AGENTUR ROALD KVERNELAND AS. Revenue 2.88m NOK → 1.60m NOK (-44.2%). Net result +187.2k NOK → +30.9k NOK. Equity 713.1k NOK → 682.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 373.2k NOK → 192.5k NOK (13% → 12% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.88m NOK to 1.60m NOK (-44.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +217.8k NOK → +97.6k NOK (op. margin 7.6% → 6.1%). Calculated
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↓
Net result weakened
Net result +187.2k NOK → +30.9k NOK (net margin 6.5% → 1.9%). Calculated
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↓
Equity eroded
Book equity 713.1k NOK → 682.3k NOK (equity ratio 402.3% → 71.8%). Calculated
-
↓
COGS moved
COGS / varekostnad 788.6k NOK → 1.05m NOK (+32.9% YoY). Calculated