A. IDSØE HOLDING AS: årsregnskap 2000 vs 1999
Grew 13% on revenue, weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for A. IDSØE HOLDING AS. Revenue 22.34m NOK → 25.33m NOK (+13.4%). Net result +889.8k NOK → +213.6k NOK. Equity 2.67m NOK → 2.88m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for A. IDSØE HOLDING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 22.34m NOK to 25.33m NOK (+13.4% YoY). Calculated
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Operating result improved
Operating result +383.3k NOK → +400.7k NOK (op. margin 1.7% → 1.6%). Calculated
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Equity strengthened
Book equity 2.67m NOK → 2.88m NOK (equity ratio 46.0% → 41.1%). Calculated
What deteriorated
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↓
Net result weakened
Net result +889.8k NOK → +213.6k NOK (net margin 4.0% → 0.8%). Calculated
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Cash fell
Bank deposits 1.76m NOK → 600.8k NOK (-65.9% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.76m NOK → 600.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 2.99m NOK → 3.94m NOK (13% → 16% of revenue). Calculated
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COGS moved
COGS / varekostnad 16.67m NOK → 19.41m NOK (+16.4% YoY). Calculated