A VISNES TRANSPORT AS: årsregnskap 2000 vs 1999
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for A VISNES TRANSPORT AS. Revenue 16.82m NOK → 16.00m NOK (-4.9%). Equity 782.8k NOK → 901.0k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A VISNES TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 782.8k NOK → 901.0k NOK (equity ratio 10.2% → 9.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 16.82m NOK to 16.00m NOK (-4.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +631.8k NOK → +387.6k NOK (op. margin 3.8% → 2.4%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.43× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 4.16m NOK → 4.48m NOK (25% → 28% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 3.20m NOK → 1.68m NOK (-47.5% YoY). Calculated