AE FROGNER AS: årsregnskap 2000 vs 1999
Grew 1386% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for AE FROGNER AS. Revenue -28.0k NOK → 360.2k NOK (+1386.3%). Net result +6 960 NOK → -172.7k NOK. Equity 183.4k NOK → 10.7k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AE FROGNER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from -28.0k NOK to 360.2k NOK (+1386.3% YoY). Calculated
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↑
Operating result improved
Operating result +14.4k NOK → +34.7k NOK (op. margin -51.5% → 9.6%). Calculated
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Cash rose
Bank deposits 48.0k NOK → 53.8k NOK (+12.0% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 6 960 NOK profit to a loss of 172.7k NOK. Calculated
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↓
Equity eroded
Book equity 183.4k NOK → 10.7k NOK (equity ratio 269.0% → 3.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation