ABACUS FINANS AS: årsregnskap 2000 vs 1999
Shrank 206% on revenue
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for ABACUS FINANS AS. Revenue 50.6k NOK → -53.8k NOK (-206.2%). Net result +11.5k NOK → +10.5k NOK. Equity -490.8k NOK → -480.3k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABACUS FINANS AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -490.8k NOK → -480.3k NOK (equity ratio -50.0% → -60.8%). Calculated
-
↑
Cash rose
Bank deposits 86.9k NOK → 7.37m NOK (+8379.8% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 50.6k NOK to -53.8k NOK (-206.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +3 780 NOK → -103.8k NOK (op. margin 7.5% → 193.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -60.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation