AGORA AS: årsregnskap 2002 vs 2001
Shrank 9% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AGORA AS. Revenue 6.18m NOK → 5.62m NOK (-9.1%). Net result -506.0k NOK → +24.3k NOK. Equity 208.5k NOK → 465.2k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AGORA AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -497.6k NOK → +43.8k NOK (op. margin -8.0% → 0.8%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 506.0k NOK to a profit of 24.3k NOK. Calculated
-
↑
Equity strengthened
Book equity 208.5k NOK → 465.2k NOK (equity ratio 10.0% → 20.7%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.52× → 21.51×. Calculated
-
↑
Payroll decreased
Salary cost 2.28m NOK → 1.83m NOK (37% → 33% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.18m NOK to 5.62m NOK (-9.1% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 487.9k NOK → 208.5k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 1.44m NOK → 1.18m NOK (-18.3% YoY). Calculated