ABICON AS: årsregnskap 2000 vs 1999
Shrank 75% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for ABICON AS. Revenue 1.74m NOK → 436.6k NOK (-75.0%). Net result +295.5k NOK → +6 210 NOK. Equity 649.2k NOK → 643.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABICON AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 359.9k NOK → 1 189 NOK (21% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.74m NOK to 436.6k NOK (-75.0% YoY). Calculated
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↓
Operating result weakened
Operating result +478.6k NOK → +147.3k NOK (op. margin 27.5% → 33.7%). Calculated
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↓
Net result weakened
Net result +295.5k NOK → +6 210 NOK (net margin 16.9% → 1.4%). Calculated
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↓
Equity eroded
Book equity 649.2k NOK → 643.0k NOK (equity ratio 35.2% → 35.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 565.8k NOK → 356.7k NOK (-36.9% YoY). Calculated