ABERHOLD AS: årsregnskap 1999 vs 1998
Shrank 12% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ABERHOLD AS. Revenue 95.1k NOK → 84.0k NOK (-11.6%). Net result +125.0k NOK → +94.6k NOK. Equity 237.1k NOK → 98.8k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -9 594 NOK → +8 831 NOK (op. margin -10.1% → 10.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 95.1k NOK to 84.0k NOK (-11.6% YoY). Calculated
-
↓
Net result weakened
Net result +125.0k NOK → +94.6k NOK (net margin 131.5% → 112.6%). Calculated
-
↓
Equity eroded
Book equity 237.1k NOK → 98.8k NOK (equity ratio 37.1% → 14.1%). Calculated
-
↓
Cash fell
Bank deposits 104.8k NOK → 97.9k NOK (-6.6% YoY). Calculated