A LEVERSUND & CO AS: årsregnskap 2000 vs 1999
Shrank 21% on revenue, weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for A LEVERSUND & CO AS. Revenue 6.08m NOK → 4.79m NOK (-21.2%). Net result +206.4k NOK → +74.2k NOK. Equity 460.2k NOK → 369.4k NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A LEVERSUND & CO AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +79.9k NOK → +140.3k NOK (op. margin 1.3% → 2.9%). Calculated
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Payroll decreased
Salary cost 2.75m NOK → 991.0k NOK (45% → 21% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 6.08m NOK to 4.79m NOK (-21.2% YoY). Calculated
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Net result weakened
Net result +206.4k NOK → +74.2k NOK (net margin 3.4% → 1.5%). Calculated
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Equity eroded
Book equity 460.2k NOK → 369.4k NOK. Calculated
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Cash fell
Bank deposits 365.4k NOK → 52.4k NOK (-85.7% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 2.16m NOK → 1.77m NOK (-18.0% YoY). Calculated