A/S Ariel: årsregnskap 2000 vs 1999
A steady year on the published lines
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for A/S Ariel. Revenue 78.8k NOK → 79.0k NOK (+0.2%). Equity -37.5k NOK → -50.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A/S Ariel.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 78.8k NOK to 79.0k NOK (+0.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +48.1k NOK → -12.8k NOK (op. margin 61.0% → -16.2%). Calculated
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↓
Equity eroded
Book equity -37.5k NOK → -50.3k NOK (equity ratio -51.6% → -75.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.23× → 0.57× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -75.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost -13.4k NOK → 0 NOK (-17% → 0% of revenue). Calculated
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·
COGS moved
COGS / varekostnad -12.0k NOK → 23.2k NOK (+293.4% YoY). Calculated