FirmaIQ
Org.nr 983 208 460 2001 → 2002 Year-over-year analysis

AKERSHUS VVS AS: årsregnskap 2002 vs 2001

Grew 101% on revenue, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for AKERSHUS VVS AS. Revenue 2.21m NOK → 4.44m NOK (+101.1%). Net result +248.6k NOK → +201.2k NOK. Equity 240.2k NOK → 133.4k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AKERSHUS VVS AS.

At a glance

Scorecard

Revenue
2.21m NOK 4.44m NOK
+101.1%
Operating result
+446.3k NOK +346.5k NOK
-22.4%
Net result
+248.6k NOK +201.2k NOK
-19.1%
Equity
240.2k NOK 133.4k NOK
-44.5%
Cash
4.25m NOK 487.4k NOK
-88.5%
Total assets
n/m 1.32m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.21m NOK to 4.44m NOK (+101.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.42m NOK → 1.37m NOK (65% → 31% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +446.3k NOK → +346.5k NOK (op. margin 20.2% → 7.8%). Calculated

  • ↓

    Net result weakened

    Net result +248.6k NOK → +201.2k NOK (net margin 11.3% → 4.5%). Calculated

  • ↓

    Equity eroded

    Book equity 240.2k NOK → 133.4k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 4.25m NOK → 487.4k NOK (-88.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.25m NOK → 487.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation