ABILITY KOMPETANSE AS: årsregnskap 1999 vs 1998
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ABILITY KOMPETANSE AS. Revenue 385.2k NOK → 373.6k NOK (-3.0%). Equity 90.2k NOK → -15.3k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABILITY KOMPETANSE AS.
At a glance
Scorecard
Revenue
385.2k NOK
373.6k NOK
-3.0%
Operating result
+1 998 NOK
+1 997 NOK
-0.1%
Equity
90.2k NOK
-15.3k NOK
-117.0%
Total assets
526.6k NOK
363.0k NOK
-31.1%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 385.2k NOK to 373.6k NOK (-3.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +1 998 NOK → +1 997 NOK (op. margin 0.5% → 0.5%). Calculated
-
↓
Equity eroded
Book equity 90.2k NOK → -15.3k NOK (equity ratio 17.1% → -4.2%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -4.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation