Org.nr 959 033 560 2001 → 2002 Year-over-year analysis

ARCTICZYMES TECHNOLOGIES ASA: årsregnskap 2002 vs 2001

Grew 8% on revenue

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for ARCTICZYMES TECHNOLOGIES ASA. Revenue 24.89m NOK → 26.99m NOK (+8.4%). Equity 66.68m NOK → 65.61m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ARCTICZYMES TECHNOLOGIES ASA.

At a glance

Revenue

24.89m NOK 26.99m NOK

+8.4%

Operating result

+2.57m NOK -7.78m NOK

-403.4%

Net result

+9.35m NOK n/m

—

Equity

66.68m NOK 65.61m NOK

-1.6%

Total assets

75.02m NOK 70.59m NOK

-5.9%

↑
Revenue rose

Operating income / revenue moved from 24.89m NOK to 26.99m NOK (+8.4% YoY). Calculated
↑
Payroll decreased

Salary cost 11.87m NOK → 8 NOK (48% → 0% of revenue). Calculated

↓
Operating result weakened

Operating result +2.57m NOK → -7.78m NOK (op. margin 10.3% → -28.8%). Calculated
↓
Equity eroded

Book equity 66.68m NOK → 65.61m NOK (equity ratio 88.9% → 93.0%). Calculated