3B-FIBREGLASS NORWAY AS: årsregnskap 1999 vs 1998
Grew 55% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for 3B-FIBREGLASS NORWAY AS. Revenue 118.4k NOK → 183.7k NOK (+55.2%). Net result +1 452 NOK → +339.5k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 3B-FIBREGLASS NORWAY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 118.4k NOK to 183.7k NOK (+55.2% YoY). Calculated
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↑
Net result improved
Net result +1 452 NOK → +339.5k NOK (net margin 1.2% → 184.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +568.8k NOK → +6 796 NOK (op. margin 480.5% → 3.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 41.5k NOK → 48.3k NOK (35% → 26% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 24.0k NOK → 32.6k NOK (+35.5% YoY). Calculated