NUSSIR ASA: årsregnskap 2001 vs 2000
Shrank 67% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for NUSSIR ASA. Revenue 350.7k NOK → 115.7k NOK (-67.0%). Net result +588.8k NOK → -279.3k NOK. Equity 486.2k NOK → 206.9k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for NUSSIR ASA.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 350.7k NOK to 115.7k NOK (-67.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +69.9k NOK → -56.2k NOK (op. margin 19.9% → -48.6%). Calculated
-
↓
Fell into a net loss
Net result flipped from 588.8k NOK profit to a loss of 279.3k NOK. Calculated
-
↓
Equity eroded
Book equity 486.2k NOK → 206.9k NOK (equity ratio 176.5% → 6.6%). Calculated
-
↓
Payroll up without matching revenue
Salary cost -82.5k NOK → 1.06m NOK (-24% → 913% of revenue). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 6.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 1.81m NOK → 1.27m NOK. Reported fact