AGRO BYGG & TEKNIKK AS: årsregnskap 2002 vs 2001
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AGRO BYGG & TEKNIKK AS. Revenue 3.53m NOK → 3.62m NOK (+2.4%). Net result +300.0k NOK → +221.0k NOK. Equity 370.5k NOK → 191.5k NOK.
On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AGRO BYGG & TEKNIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.53m NOK to 3.62m NOK (+2.4% YoY). Calculated
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↑
Operating result improved
Operating result +259.5k NOK → +331.6k NOK (op. margin 7.3% → 9.2%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.34× → 1.22×. Calculated
What deteriorated
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↓
Net result weakened
Net result +300.0k NOK → +221.0k NOK (net margin 8.5% → 6.1%). Calculated
-
↓
Equity eroded
Book equity 370.5k NOK → 191.5k NOK (equity ratio 116.5% → 18.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 538.3k NOK → 546.0k NOK (15% → 15% of revenue). Calculated