AIRBUS DEFENCE AND SPACE AS: årsregnskap 2001 vs 2000
Grew 65% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for AIRBUS DEFENCE AND SPACE AS. Revenue 91.16m NOK → 150.53m NOK (+65.1%). Net result +11.47m NOK → +18.8k NOK. Equity 13.16m NOK → 14.12m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AIRBUS DEFENCE AND SPACE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 91.16m NOK to 150.53m NOK (+65.1% YoY). Calculated
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↑
Operating result improved
Operating result +5 NOK → +22 NOK (op. margin 0.0% → 0.0%). Calculated
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↑
Equity strengthened
Book equity 13.16m NOK → 14.12m NOK (equity ratio 26.0% → 15.6%). Calculated
What deteriorated
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↓
Net result weakened
Net result +11.47m NOK → +18.8k NOK (net margin 12.6% → 0.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.21× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 10.95m NOK → 15.53m NOK (12% → 10% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 131.0k NOK → 0 NOK. Reported fact