FirmaIQ
Org.nr 982 228 220 2001 → 2002 Year-over-year analysis

AIRGENIC AS: årsregnskap 2002 vs 2001

Grew 2535% on revenue, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for AIRGENIC AS. Revenue 194.8k NOK → 5.13m NOK (+2534.9%). Equity 7.93m NOK → 2.82m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for AIRGENIC AS.

At a glance

Scorecard

Revenue
194.8k NOK 5.13m NOK
+2534.9%
Net result
+130.1k NOK n/m
—
Equity
7.93m NOK 2.82m NOK
-64.5%
Cash
4.23m NOK 1.49m NOK
-64.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 194.8k NOK to 5.13m NOK (+2534.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 7.93m NOK → 2.82m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 4.23m NOK → 1.49m NOK (-64.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.23m NOK → 1.49m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 21.33m NOK → 2.83m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 4.50m NOK → 5.18m NOK (2310% → 101% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 379.7k NOK → 1.93m NOK (+408.8% YoY). Calculated