A ASBJØRNSENS EIENDOM AS: årsregnskap 2000 vs 1999
Shrank 91% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for A ASBJØRNSENS EIENDOM AS. Revenue 60.80m NOK → 5.50m NOK (-91.0%). Net result +8.25m NOK → +1.75m NOK. Equity 9.75m NOK → 3.90m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for A ASBJØRNSENS EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 9.29m NOK → 0 NOK (15% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 60.80m NOK to 5.50m NOK (-91.0% YoY). Calculated
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↓
Operating result weakened
Operating result +12.37m NOK → +3.73m NOK (op. margin 20.3% → 67.9%). Calculated
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↓
Net result weakened
Net result +8.25m NOK → +1.75m NOK (net margin 13.6% → 31.9%). Calculated
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↓
Equity eroded
Book equity 9.75m NOK → 3.90m NOK (equity ratio 16.7% → 15.7%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 500.0k NOK → 200.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 30.10m NOK → 0 NOK (-100.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 6.15m NOK → 149 NOK. Reported fact