AGRIPPA AS: årsregnskap 2002 vs 2001
Shrank 57% on revenue, slipped into loss, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AGRIPPA AS. Revenue 760.3k NOK → 326.6k NOK (-57.0%). Net result +155.7k NOK → -102.7k NOK. Equity 439.6k NOK → 179.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGRIPPA AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 11.9k NOK → 0 NOK (2% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 760.3k NOK to 326.6k NOK (-57.0% YoY). Calculated
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↓
Operating result weakened
Operating result +265.6k NOK → -134.9k NOK (op. margin 34.9% → -41.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 155.7k NOK profit to a loss of 102.7k NOK. Calculated
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↓
Equity eroded
Book equity 439.6k NOK → 179.9k NOK (equity ratio 41.7% → 21.1%). Calculated
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↓
Cash fell
Bank deposits 131.8k NOK → 1 022 NOK (-99.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 80.3k NOK → 158.9k NOK. Reported fact