A KARLSEN & SØNN AS: årsregnskap 1999 vs 1998
Grew 47% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A KARLSEN & SØNN AS. Revenue 1.39m NOK → 2.04m NOK (+47.0%). Net result +105.3k NOK → +226.0k NOK. Equity 64.8k NOK → 171.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A KARLSEN & SØNN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.39m NOK to 2.04m NOK (+47.0% YoY). Calculated
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↑
Operating result improved
Operating result +103.3k NOK → +269.7k NOK (op. margin 7.4% → 13.2%). Calculated
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Net result improved
Net result +105.3k NOK → +226.0k NOK (net margin 7.6% → 11.1%). Calculated
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↑
Equity strengthened
Book equity 64.8k NOK → 171.6k NOK (equity ratio 21.5% → 25.8%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.27× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS moved
COGS / varekostnad 460.0k NOK → 634.8k NOK (+38.0% YoY). Calculated