ABO BYGG AS: årsregnskap 1999 vs 1998
Grew 76% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ABO BYGG AS. Revenue 2.53m NOK → 4.46m NOK (+76.0%). Equity 217.4k NOK → 93.0k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABO BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.53m NOK to 4.46m NOK (+76.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 853.8k NOK → 616.1k NOK (34% → 14% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +561.0k NOK → +262.7k NOK (op. margin 22.2% → 5.9%). Calculated
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↓
Equity eroded
Book equity 217.4k NOK → 93.0k NOK (equity ratio 4.1% → 1.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 906.8k NOK → 76.3k NOK (-91.6% YoY). Calculated