A ENG AS: årsregnskap 1999 vs 1998
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A ENG AS. Revenue 1.41m NOK → 1.41m NOK (+0.3%). Equity 4.74m NOK → 2.97m NOK.
On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: equity eroded.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
1.41m NOK
1.41m NOK
+0.3%
Operating result
+264.0k NOK
+386.5k NOK
+46.4%
Equity
4.74m NOK
2.97m NOK
-37.4%
Total assets
7.38m NOK
6.36m NOK
-13.9%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.41m NOK to 1.41m NOK (+0.3% YoY). Calculated
-
↑
Operating result improved
Operating result +264.0k NOK → +386.5k NOK (op. margin 18.7% → 27.3%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.55× → 1.26×. Calculated
-
↑
Payroll decreased
Salary cost 322.0k NOK → 274.4k NOK (23% → 19% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 4.74m NOK → 2.97m NOK (equity ratio 64.2% → 46.7%). Calculated