A H B INVEST AS: årsregnskap 1999 vs 1998
Weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A H B INVEST AS. Net result +1.00m NOK → +38.8k NOK. Equity 6.76m NOK → 5.87m NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for A H B INVEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +404.9k NOK → +494.9k NOK. Calculated
What deteriorated
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↓
Net result weakened
Net result +1.00m NOK → +38.8k NOK. Calculated
-
↓
Equity eroded
Book equity 6.76m NOK → 5.87m NOK (equity ratio 68.8% → 86.8%). Calculated
-
↓
Cash fell
Bank deposits 4.03m NOK → 1.60m NOK (-60.3% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (4.03m NOK → 1.60m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 2.44m NOK → 3.96m NOK. Reported fact