ABL NORWAY AS: årsregnskap 1999 vs 1998
Grew 13% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ABL NORWAY AS. Revenue 3.98m NOK → 4.51m NOK (+13.3%). Net result +239.5k NOK → +131.1k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
3.98m NOK
4.51m NOK
+13.3%
Operating result
+245.4k NOK
+119.1k NOK
-51.5%
Net result
+239.5k NOK
+131.1k NOK
-45.3%
Equity
2.54m NOK
n/m
—
Cash
661.3k NOK
423.1k NOK
-36.0%
Total assets
2.80m NOK
2.97m NOK
+6.2%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.98m NOK to 4.51m NOK (+13.3% YoY). Calculated
-
↑
Payroll decreased
Salary cost 154.5k NOK → 29.1k NOK (4% → 1% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +245.4k NOK → +119.1k NOK (op. margin 6.2% → 2.6%). Calculated
-
↓
Net result weakened
Net result +239.5k NOK → +131.1k NOK (net margin 6.0% → 2.9%). Calculated
-
↓
Cash fell
Bank deposits 661.3k NOK → 423.1k NOK (-36.0% YoY). Calculated