ABC TOOLS AS: årsregnskap 2000 vs 1999
Shrank 82% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for ABC TOOLS AS. Revenue 887.5k NOK → 159.3k NOK (-82.1%). Net result +77.5k NOK → +165.4k NOK. Equity 227.5k NOK → 292.9k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC TOOLS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +89.5k NOK → +182.4k NOK (op. margin 10.1% → 114.5%). Calculated
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↑
Net result improved
Net result +77.5k NOK → +165.4k NOK (net margin 8.7% → 103.9%). Calculated
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↑
Equity strengthened
Book equity 227.5k NOK → 292.9k NOK (equity ratio 36.7% → 144.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 887.5k NOK to 159.3k NOK (-82.1% YoY). Calculated
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↓
Cash fell
Bank deposits 282.1k NOK → 242.7k NOK (-14.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.58× → 0.22× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 710.6k NOK → 1 NOK (-100.0% YoY). Calculated