ABEMA AS: årsregnskap 1999 vs 1998
Shrank 10% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ABEMA AS. Revenue 1.56m NOK → 1.40m NOK (-10.4%). Net result +4 NOK → +39.5k NOK. Equity 144.7k NOK → 117.6k NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABEMA AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +4 NOK → +39.5k NOK (net margin 0.0% → 2.8%). Calculated
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↑
Cash rose
Bank deposits 110 NOK → 2 111 NOK (+1819.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.56m NOK to 1.40m NOK (-10.4% YoY). Calculated
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↓
Operating result weakened
Operating result +7 995 NOK → +11 NOK (op. margin 0.5% → 0.0%). Calculated
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↓
Equity eroded
Book equity 144.7k NOK → 117.6k NOK (equity ratio 22.8% → 16.2%). Calculated
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↓
COGS moved
COGS / varekostnad 8 NOK → 344.1k NOK (+4301337.5% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 17.9k NOK → 20.6k NOK. Reported fact