AGNAR AS: årsregnskap 2002 vs 2001
Shrank 43% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AGNAR AS. Revenue 689.6k NOK → 391.4k NOK (-43.2%). Net result +62.1k NOK → -57.1k NOK. Equity 133.6k NOK → 76.5k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGNAR AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 268.2k NOK → 2 002 NOK (39% → 1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 689.6k NOK to 391.4k NOK (-43.2% YoY). Calculated
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↓
Operating result weakened
Operating result +82.9k NOK → -81.1k NOK (op. margin 12.0% → -20.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 62.1k NOK profit to a loss of 57.1k NOK. Calculated
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↓
Equity eroded
Book equity 133.6k NOK → 76.5k NOK (equity ratio 33.6% → 56.9%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 21.1k NOK → 11.3k NOK (-46.6% YoY). Calculated