ABL GROUP NORWAY AS: årsregnskap 2000 vs 1999
Grew 169% on revenue, stronger earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for ABL GROUP NORWAY AS. Revenue 1.79m NOK → 4.81m NOK (+169.3%). Net result +72.9k NOK → +769.0k NOK. Equity 413.0k NOK → 1.18m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.79m NOK to 4.81m NOK (+169.3% YoY). Calculated
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Operating result improved
Operating result +131.8k NOK → +993.6k NOK (op. margin 7.4% → 20.7%). Calculated
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Net result improved
Net result +72.9k NOK → +769.0k NOK (net margin 4.1% → 16.0%). Calculated
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Equity strengthened
Book equity 413.0k NOK → 1.18m NOK (equity ratio 54.1% → 622.7%). Calculated
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Payroll decreased
Salary cost 1.12m NOK → 5 NOK (63% → 0% of revenue). Calculated
What deteriorated
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Cash fell
Bank deposits 2.62m NOK → 1.12m NOK (-57.2% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 2.17× → 0.19× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated