ABEL CONSULT AS: årsregnskap 2001 vs 2000
Shrank 53% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for ABEL CONSULT AS. Revenue 327.6k NOK → 154.7k NOK (-52.8%). Net result +91.2k NOK → +112.9k NOK. Equity 334.4k NOK → -342.3k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABEL CONSULT AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +198.5k NOK → +207.5k NOK (op. margin 60.6% → 134.2%). Calculated
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Net result improved
Net result +91.2k NOK → +112.9k NOK (net margin 27.9% → 73.0%). Calculated
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Payroll decreased
Salary cost 50.0k NOK → 0 NOK (15% → 0% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 327.6k NOK to 154.7k NOK (-52.8% YoY). Calculated
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Equity eroded
Book equity 334.4k NOK → -342.3k NOK (equity ratio 412842.0% → -48.6%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -48.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 10.2k NOK → 0 NOK (-100.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 8 447 NOK → 59.8k NOK. Reported fact