AJO MASKIN AS: årsregnskap 2002 vs 2001
Grew 411% on revenue
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AJO MASKIN AS. Revenue 70.4k NOK → 359.4k NOK (+410.7%). Equity 2.64m NOK → 993.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for AJO MASKIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 70.4k NOK to 359.4k NOK (+410.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -25.0k NOK → -51.9k NOK (op. margin -35.5% → -14.5%). Calculated
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↓
Equity eroded
Book equity 2.64m NOK → 993.8k NOK (equity ratio 45.6% → 11.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.11× → 0.75× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 64.9k NOK → 70.7k NOK (92% → 20% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 950.7k NOK → 266.9k NOK (-71.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.72m NOK → 1.62m NOK. Reported fact