A M AAGAARD AS: årsregnskap 1999 vs 1998
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A M AAGAARD AS. Revenue 3.16m NOK → 3.10m NOK (-2.0%). Equity 465.3k NOK → 533.0k NOK.
On the constructive side: operating result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A M AAGAARD AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +80.8k NOK → +81.7k NOK (op. margin 2.6% → 2.6%). Calculated
-
↑
Equity strengthened
Book equity 465.3k NOK → 533.0k NOK (equity ratio 53.7% → 60.9%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.10× → 2.50×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.16m NOK to 3.10m NOK (-2.0% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 656.9k NOK → 771.2k NOK (21% → 25% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.77m NOK → 1.58m NOK (-10.7% YoY). Calculated