ABK-QVILLER AS: årsregnskap 2000 vs 1999
Weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for ABK-QVILLER AS. Revenue 10.58m NOK → 10.59m NOK (+0.1%). Net result +291.5k NOK → +153.6k NOK. Equity 548.6k NOK → 602.3k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABK-QVILLER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 10.58m NOK to 10.59m NOK (+0.1% YoY). Calculated
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↑
Equity strengthened
Book equity 548.6k NOK → 602.3k NOK (equity ratio 21.9% → 16.2%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +446.4k NOK → +292.5k NOK (op. margin 4.2% → 2.8%). Calculated
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↓
Net result weakened
Net result +291.5k NOK → +153.6k NOK (net margin 2.8% → 1.5%). Calculated
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↓
Cash fell
Bank deposits 8.21m NOK → 156.4k NOK (-98.1% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (8.21m NOK → 156.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 6.65m NOK → 6.16m NOK (-7.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 40.9k NOK → 100.0k NOK. Reported fact