ABO AS: årsregnskap 1999 vs 1998
A steady year on the published lines
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ABO AS. Equity 1.58m NOK → 1.24m NOK.
Pressures included: equity eroded; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
30.61m NOK
n/m
—
Operating result
+551.7k NOK
n/m
—
Net result
n/m
+859.1k NOK
—
Equity
1.58m NOK
1.24m NOK
-21.6%
Total assets
4.76m NOK
759.5k NOK
-84.1%
What deteriorated
-
↓
Equity eroded
Book equity 1.58m NOK → 1.24m NOK (equity ratio 33.1% → 162.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.06× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated