A OLSEN & SØNN AS: årsregnskap 2000 vs 1999
Shrank 80% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for A OLSEN & SØNN AS. Revenue 803.0k NOK → 158.9k NOK (-80.2%). Net result +189.5k NOK → +82.3k NOK. Equity 184.4k NOK → 102.1k NOK.
On the constructive side: operating result improved. 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 OLSEN & SØNN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +124.9k NOK → +155.9k NOK (op. margin 15.6% → 98.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 803.0k NOK to 158.9k NOK (-80.2% YoY). Calculated
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↓
Net result weakened
Net result +189.5k NOK → +82.3k NOK (net margin 23.6% → 51.8%). Calculated
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↓
Equity eroded
Book equity 184.4k NOK → 102.1k NOK (equity ratio 26.0% → 41.2%). Calculated
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↓
Payroll up without matching revenue
Salary cost 354.6k NOK → 384.3k NOK (44% → 242% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 19.2k NOK → 4 352 NOK (-77.4% YoY). Calculated