A JØRGENSEN AS: årsregnskap 1999 vs 1998
Grew 541% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A JØRGENSEN AS. Revenue 156.4k NOK → 1.00m NOK (+541.1%). Net result +377.0k NOK → +623.4k NOK. Equity 515.5k NOK → 888.9k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A JØRGENSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 156.4k NOK to 1.00m NOK (+541.1% YoY). Calculated
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↑
Net result improved
Net result +377.0k NOK → +623.4k NOK (net margin 241.0% → 62.2%). Calculated
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↑
Equity strengthened
Book equity 515.5k NOK → 888.9k NOK (equity ratio 10.5% → 19.9%). Calculated
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↑
Payroll decreased
Salary cost 647.9k NOK → 555.5k NOK (414% → 55% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +179.9k NOK → +132.9k NOK (op. margin 115.0% → 13.3%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 154.0k NOK → 4 000 NOK. Reported fact