Abacus Consult AS: årsregnskap 2001 vs 2000
Shrank 90% on revenue, stronger earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for Abacus Consult AS. Revenue 435.6k NOK → 42.3k NOK (-90.3%). Net result +348.0k NOK → +438.6k NOK. Equity 564.9k NOK → -1.00m NOK.
On the constructive side: net result improved. 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 Abacus Consult AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +348.0k NOK → +438.6k NOK (net margin 79.9% → 1038.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 435.6k NOK to 42.3k NOK (-90.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +330.2k NOK → +64.2k NOK (op. margin 75.8% → 152.0%). Calculated
-
↓
Equity eroded
Book equity 564.9k NOK → -1.00m NOK (equity ratio 83.8% → -309.7%). Calculated
-
↓
Cash fell
Bank deposits 486.5k NOK → 101.6k NOK (-79.1% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -309.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation