ABC FORUM AS: årsregnskap 1999 vs 1998
Grew 87400% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ABC FORUM AS. Revenue 240 NOK → 210.0k NOK (+87400.0%). Net result +107.9k NOK → -108.4k NOK. Equity 359.8k NOK → 251.5k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABC FORUM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 240 NOK to 210.0k NOK (+87400.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.17× → 16.38×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +198.8k NOK → +177.9k NOK (op. margin 82842.1% → 84.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 107.9k NOK profit to a loss of 108.4k NOK. Calculated
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↓
Equity eroded
Book equity 359.8k NOK → 251.5k NOK (equity ratio 20.3% → 23.7%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.70m NOK → 945.0k NOK. Reported fact