ABSOLUTE BAR AS: årsregnskap 1999 vs 1998
Shrank 57% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ABSOLUTE BAR AS. Revenue 3.31m NOK → 1.42m NOK (-57.1%). Net result +534 NOK → +1 073 NOK. Equity 238.4k NOK → 300.9k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
3.31m NOK
1.42m NOK
-57.1%
Operating result
+141.9k NOK
+1 447 NOK
-99.0%
Net result
+534 NOK
+1 073 NOK
+100.9%
Equity
238.4k NOK
300.9k NOK
+26.2%
Cash
83.5k NOK
1.59m NOK
+1802.4%
Total assets
648.0k NOK
896.1k NOK
+38.3%
What improved
-
↑
Equity strengthened
Book equity 238.4k NOK → 300.9k NOK (equity ratio 36.8% → 33.6%). Calculated
-
↑
Cash rose
Bank deposits 83.5k NOK → 1.59m NOK (+1802.4% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.31m NOK to 1.42m NOK (-57.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +141.9k NOK → +1 447 NOK (op. margin 4.3% → 0.1%). Calculated
-
↓
COGS moved
COGS / varekostnad 2 NOK → 614.0k NOK (+30697900.0% YoY). Calculated