FirmaIQ
Org.nr 977 262 968 1998 → 1999 Year-over-year analysis

A&B ELEKTRO INSTALLASJON AS: årsregnskap 1999 vs 1998

Shrank 61% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for A&B ELEKTRO INSTALLASJON AS. Revenue 9.77m NOK → 3.80m NOK (-61.1%). Net result +951.2k NOK → +568.9k NOK. Equity 2.84m NOK → 2.12m 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 A&B ELEKTRO INSTALLASJON AS.

At a glance

Scorecard

Revenue
9.77m NOK 3.80m NOK
-61.1%
Operating result
+1.53m NOK +801.9k NOK
-47.5%
Net result
+951.2k NOK +568.9k NOK
-40.2%
Equity
2.84m NOK 2.12m NOK
-25.3%
Total assets
4.33m NOK 2.66m NOK
-38.6%

What improved

  • ↑

    Payroll decreased

    Salary cost 5.53m NOK → 2.70m NOK (57% → 71% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.77m NOK to 3.80m NOK (-61.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.53m NOK → +801.9k NOK (op. margin 15.6% → 21.1%). Calculated

  • ↓

    Net result weakened

    Net result +951.2k NOK → +568.9k NOK (net margin 9.7% → 15.0%). Calculated

  • ↓

    Equity eroded

    Book equity 2.84m NOK → 2.12m NOK (equity ratio 65.6% → 79.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 958.7k NOK → 602.5k NOK (-37.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 472.2k NOK → 642.3k NOK. Reported fact