ABACUS RATIO AS: årsregnskap 1999 vs 1998
Weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ABACUS RATIO AS. Revenue 18.92m NOK → 18.79m NOK (-0.7%). Net result +888.0k NOK → +361.4k NOK. Equity 704.0k NOK → 3.07m NOK.
On the constructive side: operating result improved; equity strengthened; owners injected capital. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABACUS RATIO AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +888.0k NOK → +1.91m NOK (op. margin 4.7% → 10.1%). Calculated
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↑
Equity strengthened
Book equity 704.0k NOK → 3.07m NOK (equity ratio 15.0% → 47.7%). Calculated
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↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 500.0k NOK (+450.0k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 18.92m NOK to 18.79m NOK (-0.7% YoY). Calculated
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↓
Net result weakened
Net result +888.0k NOK → +361.4k NOK (net margin 4.7% → 1.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2.23m NOK → 3.09m NOK (12% → 16% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 14.23m NOK → 12.25m NOK (-13.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 174.1k NOK → 36.1k NOK. Reported fact