Org.nr 955 497 643 1998 → 1999 Year-over-year analysis

2TAL AS: årsregnskap 1999 vs 1998

Grew 185% on revenue

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for 2TAL AS. Revenue 4.43m NOK → 12.60m NOK (+184.6%). Equity 1.12m NOK → 401.6k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 2TAL AS.

At a glance

Revenue

4.43m NOK 12.60m NOK

+184.6%

Operating result

+373.0k NOK +62.4k NOK

-83.3%

Net result

n/m +246 NOK

—

Equity

1.12m NOK 401.6k NOK

-64.0%

Total assets

n/m 5.17m NOK

—

↑
Revenue rose

Operating income / revenue moved from 4.43m NOK to 12.60m NOK (+184.6% YoY). Calculated

↓
Operating result weakened

Operating result +373.0k NOK → +62.4k NOK (op. margin 8.4% → 0.5%). Calculated
↓
Equity eroded

Book equity 1.12m NOK → 401.6k NOK. Calculated

·
Thin equity buffer

Equity ratio is 7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 1.97m NOK → 4.30m NOK (44% → 34% of revenue). Calculated
·
COGS moved

COGS / varekostnad 305.3k NOK → 365.0k NOK (+19.6% YoY). Calculated
·
Book investments changed

Investment / intangible book value 0 NOK → 125.0k NOK. Reported fact