FirmaIQ
Org.nr 978 661 122 1998 → 1999 Year-over-year analysis

ABRITUS AS: årsregnskap 1999 vs 1998

Shrank 206% on revenue, cash halved-plus, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for ABRITUS AS. Revenue 1.08m NOK → -1.14m NOK (-206.2%). Net result -518.4k NOK → -563.8k NOK. Equity 4.41m NOK → -4.98m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABRITUS AS.

At a glance

Scorecard

Revenue
1.08m NOK -1.14m NOK
-206.2%
Operating result
-691.4k NOK -693.0k NOK
-0.2%
Net result
-518.4k NOK -563.8k NOK
-8.8%
Equity
4.41m NOK -4.98m NOK
-212.8%
Cash
555.3k NOK 194.6k NOK
-64.9%
Total assets
4.70m NOK 5.28m NOK
+12.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.08m NOK to -1.14m NOK (-206.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -691.4k NOK → -693.0k NOK (op. margin -64.3% → 60.7%). Calculated

  • ↓

    Net result weakened

    Net result -518.4k NOK → -563.8k NOK (net margin -48.2% → 49.4%). Calculated

  • ↓

    Equity eroded

    Book equity 4.41m NOK → -4.98m NOK (equity ratio 93.9% → -94.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 555.3k NOK → 194.6k NOK (-64.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -94.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation