AIC HOLDING AS: årsregnskap 2002 vs 2001
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AIC HOLDING AS. Revenue 0 NOK → 4.06m NOK. Net result +6 530 NOK → +8319.66bn NOK. Equity 5.40m NOK → 331.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AIC HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 4.06m NOK. Calculated
-
↑
Operating result improved
Operating result +2 585 NOK → +5 015 NOK. Calculated
-
↑
Net result improved
Net result +6 530 NOK → +8319.66bn NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 5.40m NOK → 331.0k NOK (equity ratio 17.6% → 0.9%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 1.64m NOK → 3.90m NOK. Calculated
-
·
COGS moved
COGS / varekostnad 3 909 NOK → 63.8k NOK (+1531.8% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 5.65m NOK → 5.43m NOK. Reported fact