ABA ELEKTRO AS: årsregnskap 2000 vs 1999
Shrank 15% on revenue
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for ABA ELEKTRO AS. Revenue 8.44m NOK → 7.21m NOK (-14.6%). Equity 14.0k NOK → -1.22m NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABA ELEKTRO AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 8.44m NOK to 7.21m NOK (-14.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +165.8k NOK → +87.5k NOK (op. margin 2.0% → 1.2%). Calculated
-
↓
Equity eroded
Book equity 14.0k NOK → -1.22m NOK (equity ratio 0.4% → -40.9%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 3.12m NOK → 3.55m NOK (37% → 49% of revenue). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -40.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 3.69m NOK → 2.60m NOK (-29.4% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 50.1k NOK → 154.5k NOK. Reported fact