FirmaIQ
Org.nr 962 980 058 1998 → 1999 Year-over-year analysis

ABA CON AS: årsregnskap 1999 vs 1998

Shrank 77878% on revenue, returned to profit, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for ABA CON AS. Revenue 360 NOK → -280.0k NOK (-77877.8%). Net result -39.8k NOK → +1 077 NOK. Equity 766.4k NOK → -765.3k NOK.

On the constructive side: turned profitable. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABA CON AS.

At a glance

Scorecard

Revenue
360 NOK -280.0k NOK
-77877.8%
Operating result
+182.1k NOK -124.1k NOK
-168.2%
Net result
-39.8k NOK +1 077 NOK
+102.7%
Equity
766.4k NOK -765.3k NOK
-199.9%
Cash
189.1k NOK 27.3k NOK
-85.5%
Total assets
2.53m NOK 2.29m NOK
-9.7%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 39.8k NOK to a profit of 1 077 NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 360 NOK to -280.0k NOK (-77877.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +182.1k NOK → -124.1k NOK (op. margin 50594.4% → 44.3%). Calculated

  • ↓

    Equity eroded

    Book equity 766.4k NOK → -765.3k NOK (equity ratio 30.3% → -33.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 189.1k NOK → 27.3k NOK (-85.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 34.25× → -9.25× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -33.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation