A/S MILLENIUM: årsregnskap 2000 vs 1999
Slipped into loss, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for A/S MILLENIUM. Net result +392.2k NOK → -1.50m NOK. Equity 568.0k NOK → -932.1k NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S MILLENIUM.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -25.8k NOK → +12.1k NOK. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 392.2k NOK profit to a loss of 1.50m NOK. Calculated
-
↓
Equity eroded
Book equity 568.0k NOK → -932.1k NOK (equity ratio 43.8% → -36.0%). Calculated
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↓
Cash fell
Bank deposits 797.4k NOK → 296.9k NOK (-62.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -36.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation