A BYGG GRUPPEN AS: årsregnskap 1999 vs 1998
Shrank 47% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A BYGG GRUPPEN AS. Revenue 6.10m NOK → 3.21m NOK (-47.4%). Net result +2.65m NOK → +2.38m NOK. Equity 999.9k NOK → 19.1k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A BYGG GRUPPEN AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1.25m NOK → 11.68m NOK (+835.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.10m NOK to 3.21m NOK (-47.4% YoY). Calculated
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↓
Operating result weakened
Operating result +3.32m NOK → +793.4k NOK (op. margin 54.5% → 24.8%). Calculated
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↓
Net result weakened
Net result +2.65m NOK → +2.38m NOK (net margin 43.5% → 74.2%). Calculated
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↓
Equity eroded
Book equity 999.9k NOK → 19.1k NOK (equity ratio 17.5% → 0.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 1548.78bn NOK → 5 NOK. Reported fact