ABERIA OMSORG & ASSISTANSE AS: årsregnskap 1999 vs 1998
Grew 112% on revenue, weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ABERIA OMSORG & ASSISTANSE AS. Revenue 5.32m NOK → 11.28m NOK (+111.9%). Net result +927.0k NOK → +150.8k NOK. Equity 908.0k NOK → 58.8k NOK.
On the constructive side: revenue rose; operating result improved; owners injected capital. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ABERIA OMSORG & ASSISTANSE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.32m NOK to 11.28m NOK (+111.9% YoY). Calculated
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↑
Operating result improved
Operating result +1.21m NOK → +1.84m NOK (op. margin 22.7% → 16.3%). Calculated
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Owners injected capital
Paid-in equity rose 50.0k NOK → 250.0k NOK (+200.0k NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result +927.0k NOK → +150.8k NOK (net margin 17.4% → 1.3%). Calculated
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↓
Equity eroded
Book equity 908.0k NOK → 58.8k NOK (equity ratio 20.3% → 0.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 2.87m NOK → 5.57m NOK (54% → 49% of revenue). Calculated