4KNITS AS: årsregnskap 2000 vs 1999
Grew 198% on revenue, returned to profit, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for 4KNITS AS. Revenue -1.20m NOK → 1.18m NOK (+198.3%). Net result -326.1k NOK → +49.7k NOK. Equity -140.5k NOK → 190.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 4KNITS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from -1.20m NOK to 1.18m NOK (+198.3% YoY). Calculated
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Operating result improved
Operating result -457.6k NOK → +72.2k NOK (op. margin 38.2% → 6.1%). Calculated
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Turned profitable
Net result flipped from a loss of 326.1k NOK to a profit of 49.7k NOK. Calculated
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Equity strengthened
Book equity -140.5k NOK → 190.1k NOK (equity ratio -21.3% → 41.7%). Calculated
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Current ratio back above 1×
Current ratio -1.24× → 1.66×. Calculated
What deteriorated
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Cash fell
Bank deposits 320.7k NOK → 166.6k NOK (-48.1% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 31.5k NOK → 5.34m NOK (-3% → 453% of revenue). Calculated
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COGS fell
COGS / varekostnad 211.9k NOK → 126.4k NOK (-40.4% YoY). Calculated