ABC METALL AS: årsregnskap 1999 vs 1998
Shrank 23% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ABC METALL AS. Revenue 2.96m NOK → 2.30m NOK (-22.5%). Net result +192.8k NOK → +16.3k NOK. Equity 388.3k NOK → 372.0k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC METALL AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 324.5k NOK → 442.6k NOK (+36.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 1045.50bn NOK → 3 NOK (35284308% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.96m NOK to 2.30m NOK (-22.5% YoY). Calculated
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↓
Operating result weakened
Operating result +339.9k NOK → +51.5k NOK (op. margin 11.5% → 2.2%). Calculated
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↓
Net result weakened
Net result +192.8k NOK → +16.3k NOK (net margin 6.5% → 0.7%). Calculated
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↓
Equity eroded
Book equity 388.3k NOK → 372.0k NOK (equity ratio 25.0% → 30.9%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 563.0k NOK → 491.9k NOK (-12.6% YoY). Calculated