ABILD AS: årsregnskap 1999 vs 1998
Shrank 83% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ABILD AS. Revenue 354.5k NOK → 59.3k NOK (-83.3%). Equity 841.2k NOK → 603.6k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABILD AS.
At a glance
Scorecard
Revenue
354.5k NOK
59.3k NOK
-83.3%
Operating result
+858 NOK
+1 438 NOK
+67.6%
Net result
n/m
+762.4k NOK
—
Equity
841.2k NOK
603.6k NOK
-28.2%
Total assets
6.09m NOK
7.66m NOK
+25.8%
What improved
-
↑
Operating result improved
Operating result +858 NOK → +1 438 NOK (op. margin 0.2% → 2.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 354.5k NOK to 59.3k NOK (-83.3% YoY). Calculated
-
↓
Equity eroded
Book equity 841.2k NOK → 603.6k NOK (equity ratio 13.8% → 7.9%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 7.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation