FirmaIQ
Org.nr 966 093 994 1999 → 2000 Year-over-year analysis

ABSOLUTE BAR AS: årsregnskap 2000 vs 1999

Shrank 100% on revenue, stronger earnings, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2000 with 1999 for ABSOLUTE BAR AS. Revenue 1.42m NOK → 3 005 NOK (-99.8%). Net result +1 073 NOK → +70.5k NOK. Equity 300.9k NOK → 300.4k NOK.

On the constructive side: operating result improved; net result improved; current ratio back above 1×. Pressures included: revenue fell; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ABSOLUTE BAR AS.

At a glance

Scorecard

Revenue
1.42m NOK 3 005 NOK
-99.8%
Operating result
+1 447 NOK +29.2k NOK
+1917.1%
Net result
+1 073 NOK +70.5k NOK
+6472.3%
Equity
300.9k NOK 300.4k NOK
-0.2%
Cash
1.59m NOK 323.8k NOK
-79.6%
Total assets
896.1k NOK 806.0k NOK
-10.1%

What improved

  • ↑

    Operating result improved

    Operating result +1 447 NOK → +29.2k NOK (op. margin 0.1% → 971.3%). Calculated

  • ↑

    Net result improved

    Net result +1 073 NOK → +70.5k NOK (net margin 0.1% → 2346.8%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.61× → 1.59×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.42m NOK to 3 005 NOK (-99.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.59m NOK → 323.8k NOK (-79.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.59m NOK → 323.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation