2 BRØDRE HOLDING AS: årsregnskap 2000 vs 1999
Shrank 18% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for 2 BRØDRE HOLDING AS. Revenue -73.96m NOK → -86.95m NOK (-17.6%). Net result +5 207 NOK → +10.1k NOK. Equity -16.89m NOK → -24.98m NOK.
On the constructive side: net result improved; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 2 BRØDRE HOLDING AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +5 207 NOK → +10.1k NOK (net margin -0.0% → -0.0%). Calculated
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Cash rose
Bank deposits 8.09m NOK → 8.62m NOK (+6.6% YoY). Calculated
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Owners injected capital
Paid-in equity rose -40.00m NOK → -10.00m NOK (+30.00m NOK). Reported fact
What deteriorated
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Revenue fell
Operating income / revenue moved from -73.96m NOK to -86.95m NOK (-17.6% YoY). Calculated
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Operating result weakened
Operating result -10.26m NOK → -16.34m NOK (op. margin 13.9% → 18.8%). Calculated
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Equity eroded
Book equity -16.89m NOK → -24.98m NOK (equity ratio -26.4% → -32.6%). Calculated
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COGS moved
COGS / varekostnad 47.82m NOK → 53.63m NOK (+12.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -32.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 81.8k NOK → 11.68m NOK. Reported fact