FirmaIQ
Org.nr 971 597 275 1998 → 1999 Year-over-year analysis

ABACOM AS: årsregnskap 1999 vs 1998

Stronger earnings, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for ABACOM AS. Revenue 6.46m NOK → 6.22m NOK (-3.8%). Net result +458.8k NOK → +962.8k NOK. Equity 680.1k NOK → 194.0k NOK.

On the constructive side: net result improved; owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABACOM AS.

At a glance

Scorecard

Revenue
6.46m NOK 6.22m NOK
-3.8%
Operating result
+885.5k NOK +296.1k NOK
-66.6%
Net result
+458.8k NOK +962.8k NOK
+109.9%
Equity
680.1k NOK 194.0k NOK
-71.5%
Total assets
1.79m NOK 1.94m NOK
+8.4%

What improved

  • ↑

    Net result improved

    Net result +458.8k NOK → +962.8k NOK (net margin 7.1% → 15.5%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 616.5k NOK → 190.7k NOK (10% → 3% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.46m NOK to 6.22m NOK (-3.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +885.5k NOK → +296.1k NOK (op. margin 13.7% → 4.8%). Calculated

  • ↓

    Equity eroded

    Book equity 680.1k NOK → 194.0k NOK (equity ratio 38.1% → 10.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.49m NOK → 1.62m NOK (-35.0% YoY). Calculated