ABACOM AS: årsregnskap 2000 vs 1999
Shrank 17% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for ABACOM AS. Revenue 6.22m NOK → 5.17m NOK (-16.9%). Net result +962.8k NOK → +763.3k NOK. Equity 194.0k NOK → 957.3k NOK.
On the constructive side: operating result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABACOM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +296.1k NOK → +975.7k NOK (op. margin 4.8% → 18.9%). Calculated
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↑
Equity strengthened
Book equity 194.0k NOK → 957.3k NOK (equity ratio 10.0% → 62.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.98× → 2.28×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.22m NOK to 5.17m NOK (-16.9% YoY). Calculated
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↓
Net result weakened
Net result +962.8k NOK → +763.3k NOK (net margin 15.5% → 14.8%). Calculated
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↓
Payroll up without matching revenue
Salary cost 190.7k NOK → 1.16m NOK (3% → 22% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.62m NOK → 1.22m NOK (-24.8% YoY). Calculated