FRED. OLSEN SEAWIND ASA: årsregnskap 2002 vs 2001
Grew 234% on revenue, slipped into loss, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for FRED. OLSEN SEAWIND ASA. Revenue 431 NOK → 1 438 NOK (+233.6%). Net result +2.02m NOK → -8.70m NOK. Equity 300 NOK → 291.30m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for FRED. OLSEN SEAWIND ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 431 NOK to 1 438 NOK (+233.6% YoY). Calculated
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↑
Equity strengthened
Book equity 300 NOK → 291.30m NOK (equity ratio 0.1% → 83.8%). Calculated
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↑
Cash rose
Bank deposits 8 629 NOK → 8.33m NOK (+96422.2% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 300 NOK → 291.30m NOK (+291.30m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -464.4k NOK → -1.49m NOK (op. margin -107759.2% → -103574.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 2.02m NOK profit to a loss of 8.70m NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 237.8k NOK → 278.66m NOK. Reported fact