3D INVEST AS: årsregnskap 1999 vs 1998
Shrank 8% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for 3D INVEST AS. Revenue 24.78m NOK → 22.70m NOK (-8.4%). Net result +754.5k NOK → +91.1k NOK. Equity 2.52m NOK → 1.95m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 3D INVEST AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 559.5k NOK → 530.0k NOK (2% → 2% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 24.78m NOK to 22.70m NOK (-8.4% YoY). Calculated
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↓
Operating result weakened
Operating result +998.8k NOK → +911.6k NOK (op. margin 4.0% → 4.0%). Calculated
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↓
Net result weakened
Net result +754.5k NOK → +91.1k NOK (net margin 3.0% → 0.4%). Calculated
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↓
Equity eroded
Book equity 2.52m NOK → 1.95m NOK (equity ratio 30.7% → 24.3%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 22.98m NOK → 20.97m NOK (-8.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.48m NOK → 9.19m NOK. Reported fact