AKER RØRLEGGERBEDRIFT AS: årsregnskap 2002 vs 2001
Grew 27% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for AKER RØRLEGGERBEDRIFT AS. Revenue 2.19m NOK → 2.78m NOK (+27.2%). Net result +83.3k NOK → +322.3k NOK. Equity 204.3k NOK → 116.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKER RØRLEGGERBEDRIFT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.19m NOK to 2.78m NOK (+27.2% YoY). Calculated
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Operating result improved
Operating result +414.1k NOK → +447.0k NOK (op. margin 18.9% → 16.1%). Calculated
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Net result improved
Net result +83.3k NOK → +322.3k NOK (net margin 3.8% → 11.6%). Calculated
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Payroll decreased
Salary cost 12.68m NOK → 690.9k NOK (579% → 25% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 204.3k NOK → 116.6k NOK (equity ratio 25.0% → 13.2%). Calculated
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Current ratio dropped below 1×
Current ratio 1.33× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS fell
COGS / varekostnad 990.5k NOK → 211.4k NOK (-78.7% YoY). Calculated