A L Høyer Askim AS: årsregnskap 1999 vs 1998
Shrank 6% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A L Høyer Askim AS. Revenue 2.51m NOK → 2.35m NOK (-6.3%). Equity 286.7k NOK → 307.8k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A L Høyer Askim AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +116.0k NOK → +128.0k NOK (op. margin 4.6% → 5.4%). Calculated
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↑
Equity strengthened
Book equity 286.7k NOK → 307.8k NOK (equity ratio 43.3% → 33.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.51m NOK to 2.35m NOK (-6.3% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.27m NOK → 1.51m NOK (50% → 64% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 685.8k NOK → 94.9k NOK (-86.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 111.8k NOK → 116.1k NOK. Reported fact