FirmaIQ
Org.nr 942 813 708 1998 → 1999 Year-over-year analysis

ABRA AS: årsregnskap 1999 vs 1998

Shrank 9% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for ABRA AS. Revenue 15.15m NOK → 13.79m NOK (-9.0%). Net result +1.76m NOK → +1.01m NOK. Equity 11.76m NOK → 9.71m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABRA AS.

At a glance

Scorecard

Revenue
15.15m NOK 13.79m NOK
-9.0%
Operating result
+1.94m NOK +1.44m NOK
-25.9%
Net result
+1.76m NOK +1.01m NOK
-42.6%
Equity
11.76m NOK 9.71m NOK
-17.4%
Total assets
14.27m NOK 14.36m NOK
+0.7%

What improved

  • ↑

    Payroll decreased

    Salary cost 3.01m NOK → 2.25m NOK (20% → 16% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.15m NOK to 13.79m NOK (-9.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.94m NOK → +1.44m NOK (op. margin 12.8% → 10.4%). Calculated

  • ↓

    Net result weakened

    Net result +1.76m NOK → +1.01m NOK (net margin 11.6% → 7.3%). Calculated

  • ↓

    Equity eroded

    Book equity 11.76m NOK → 9.71m NOK (equity ratio 82.4% → 67.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 826.0k NOK → 587.1k NOK (-28.9% YoY). Calculated