Org.nr 971 219 270 2001 → 2002 Year-over-year analysis

AIRBROKER AS: årsregnskap 2002 vs 2001

Shrank 29% on revenue

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for AIRBROKER AS. Revenue 35.29m NOK → 25.21m NOK (-28.6%). Equity 119.2k NOK → -253.4k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AIRBROKER AS.

At a glance

Revenue

35.29m NOK 25.21m NOK

-28.6%

Operating result

+115.1k NOK -414.9k NOK

-460.4%

Equity

119.2k NOK -253.4k NOK

-312.7%

Total assets

1.65m NOK 999.2k NOK

-39.5%

↓
Revenue fell

Operating income / revenue moved from 35.29m NOK to 25.21m NOK (-28.6% YoY). Calculated
↓
Operating result weakened

Operating result +115.1k NOK → -414.9k NOK (op. margin 0.3% → -1.6%). Calculated
↓
Equity eroded

Book equity 119.2k NOK → -253.4k NOK (equity ratio 7.2% → -25.4%). Calculated
↓
COGS moved

COGS / varekostnad 7 NOK → 23.60m NOK (+337115442.9% YoY). Calculated

·
Thin equity buffer

Equity ratio is -25.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 657.7k NOK → 683.3k NOK. Reported fact