Akershus Traktor A/S: årsregnskap 2002 vs 2001
Grew 15% on revenue, returned to profit, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for Akershus Traktor A/S. Revenue 48.20m NOK → 55.42m NOK (+15.0%). Net result -77.5k NOK → +10.7k NOK. Equity 3.36m NOK → 7.37m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for Akershus Traktor A/S.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 48.20m NOK to 55.42m NOK (+15.0% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 77.5k NOK to a profit of 10.7k NOK. Calculated
-
↑
Equity strengthened
Book equity 3.36m NOK → 7.37m NOK (equity ratio 11.4% → 18.6%). Calculated
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↑
Owners injected capital
Paid-in equity rose 1.66m NOK → 5.57m NOK (+3.91m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +997.5k NOK → +914.7k NOK (op. margin 2.1% → 1.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.94m NOK → 5.41m NOK (8% → 10% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 39.24m NOK → 43.66m NOK (+11.3% YoY). Calculated