1000 MILE NORGE AS: årsregnskap 2000 vs 1999
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for 1000 MILE NORGE AS. Revenue 126.8k NOK → 132.8k NOK (+4.7%). Equity -144.6k NOK → -198.2k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 1000 MILE NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 126.8k NOK to 132.8k NOK (+4.7% YoY). Calculated
-
↑
Cash rose
Bank deposits 815 NOK → 4 408 NOK (+440.9% YoY). Calculated
-
↑
Payroll decreased
Salary cost 52.4k NOK → -9 775 NOK (41% → -7% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity -144.6k NOK → -198.2k NOK (equity ratio -215.5% → -764.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -764.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 26.0k NOK → 37.0k NOK (+42.3% YoY). Calculated