AI BUSINESS LAB AS: årsregnskap 2002 vs 2001
Grew 92% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AI BUSINESS LAB AS. Revenue 2.23m NOK → 4.28m NOK (+91.8%). Net result -3.56m NOK → -4.86m NOK. Equity 4.51m NOK → 108.0k NOK.
On the constructive side: revenue rose; current ratio back above 1×; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AI BUSINESS LAB AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.23m NOK to 4.28m NOK (+91.8% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.28× → 1.14×. Calculated
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↑
Payroll decreased
Salary cost -1.70m NOK → -2.33m NOK (-76% → -55% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -3.43m NOK → -5.15m NOK (op. margin -153.6% → -120.3%). Calculated
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↓
Net result weakened
Net result -3.56m NOK → -4.86m NOK (net margin -159.6% → -113.6%). Calculated
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↓
Equity eroded
Book equity 4.51m NOK → 108.0k NOK (equity ratio 50.8% → 2.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 4.51m NOK → 156.3k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 7 759 NOK → 0 NOK. Reported fact