3ANGLE AS: årsregnskap 2000 vs 1999
Shrank 81% on revenue, returned to profit, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for 3ANGLE AS. Revenue 615.6k NOK → 116.1k NOK (-81.1%). Net result -94.4k NOK → +111.8k NOK. Equity -100.3k NOK → 361.4k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3ANGLE AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -94.3k NOK → +111.1k NOK (op. margin -15.3% → 95.8%). Calculated
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Turned profitable
Net result flipped from a loss of 94.4k NOK to a profit of 111.8k NOK. Calculated
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Equity strengthened
Book equity -100.3k NOK → 361.4k NOK (equity ratio -31.0% → 49.7%). Calculated
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Cash rose
Bank deposits 68.5k NOK → 352.1k NOK (+414.4% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.44× → 1.09×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 615.6k NOK to 116.1k NOK (-81.1% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 382.2k NOK → 592.6k NOK (62% → 511% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 135.3k NOK → 46.5k NOK (-65.6% YoY). Calculated