AKB LIGHTING AS: årsregnskap 2001 vs 2000
Grew 6% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for AKB LIGHTING AS. Revenue 14.24m NOK → 15.05m NOK (+5.7%). Net result +197.7k NOK → +462.3k NOK. Equity 5.02m NOK → 4.81m NOK.
On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AKB LIGHTING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 14.24m NOK to 15.05m NOK (+5.7% YoY). Calculated
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Net result improved
Net result +197.7k NOK → +462.3k NOK (net margin 1.4% → 3.1%). Calculated
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Payroll decreased
Salary cost 3.17m NOK → 3.16m NOK (22% → 21% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +197.7k NOK → +2 002 NOK (op. margin 1.4% → 0.0%). Calculated
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↓
Equity eroded
Book equity 5.02m NOK → 4.81m NOK (equity ratio 34.4% → 33.0%). Calculated
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Cash fell
Bank deposits 2.14m NOK → 1.74m NOK (-18.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.28× → 0.60× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 7.78m NOK → 7.97m NOK (+2.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 288.7k NOK. Reported fact