ABILITY FM AS: årsregnskap 2001 vs 2000
Shrank 14% on revenue
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for ABILITY FM AS. Revenue 15.15m NOK → 13.05m NOK (-13.8%). Equity 928.0k NOK → 400.8k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABILITY FM AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.82× → 1.00×. Calculated
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↑
Payroll decreased
Salary cost 11.00m NOK → 9.15m NOK (73% → 70% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 15.15m NOK to 13.05m NOK (-13.8% YoY). Calculated
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↓
Operating result weakened
Operating result +895.0k NOK → +30.6k NOK (op. margin 5.9% → 0.2%). Calculated
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↓
Equity eroded
Book equity 928.0k NOK → 400.8k NOK (equity ratio 18.5% → 8.3%). Calculated
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↓
COGS moved
COGS / varekostnad 30.2k NOK → 758.1k NOK (+2410.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 1.40m NOK → 1.32m NOK. Reported fact