AICON AS: årsregnskap 2002 vs 2001
Grew 33867525% on revenue, slipped into loss, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AICON AS. Revenue 12 NOK → 4.06m NOK (+33867525.0%). Net result +81 NOK → -218.9k NOK. Equity 81 NOK → 9 925 NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; fell into a net loss; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AICON AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 12 NOK to 4.06m NOK (+33867525.0% YoY). Calculated
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Equity strengthened
Book equity 81 NOK → 9 925 NOK (equity ratio 261.3% → 1.7%). Calculated
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Owners injected capital
Paid-in equity rose 0 NOK → 150.0k NOK (+150.0k NOK). Reported fact
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Payroll decreased
Salary cost 95 NOK → -1.78m NOK (792% → -44% of revenue). Calculated
What deteriorated
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Operating result weakened
Operating result +68 NOK → -197.6k NOK (op. margin 566.7% → -4.9%). Calculated
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Fell into a net loss
Net result flipped from 81 NOK profit to a loss of 218.9k NOK. Calculated
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Current ratio dropped below 1×
Current ratio 2.58× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation