ABRA FINANCE AS: årsregnskap 1999 vs 1998
Grew 110% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ABRA FINANCE AS. Revenue 405.6k NOK → 851.5k NOK (+109.9%). Equity 108.7k NOK → 98.0k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABRA FINANCE AS.
At a glance
Scorecard
Revenue
405.6k NOK
851.5k NOK
+109.9%
Operating result
+151.7k NOK
+388.8k NOK
+156.3%
Net result
+64.5k NOK
n/m
—
Equity
108.7k NOK
98.0k NOK
-9.9%
Total assets
615.5k NOK
805.1k NOK
+30.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 405.6k NOK to 851.5k NOK (+109.9% YoY). Calculated
-
↑
Operating result improved
Operating result +151.7k NOK → +388.8k NOK (op. margin 37.4% → 45.7%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 108.7k NOK → 98.0k NOK (equity ratio 17.7% → 12.2%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 31.1k NOK → 1.16m NOK (8% → 136% of revenue). Calculated