A MIDDELTHON AS: årsregnskap 1999 vs 1998
Grew 20% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A MIDDELTHON AS. Revenue 1.20m NOK → 1.44m NOK (+20.0%). Net result -313.4k NOK → +774.2k NOK. Equity 2.99m NOK → 3.26m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A MIDDELTHON AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.20m NOK to 1.44m NOK (+20.0% YoY). Calculated
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Operating result improved
Operating result +566.5k NOK → +747.1k NOK (op. margin 47.2% → 51.9%). Calculated
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Turned profitable
Net result flipped from a loss of 313.4k NOK to a profit of 774.2k NOK. Calculated
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Equity strengthened
Book equity 2.99m NOK → 3.26m NOK (equity ratio 24.0% → 25.7%). Calculated
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Cash rose
Bank deposits 11.5k NOK → 92.4k NOK (+706.9% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 1.27m NOK → 200.0k NOK. Reported fact