A PEDERSEN & SØNN AS: årsregnskap 1999 vs 1998
Grew 7% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A PEDERSEN & SØNN AS. Revenue 2.71m NOK → 2.91m NOK (+7.2%). Equity 879.8k NOK → 758.4k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A PEDERSEN & SØNN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.71m NOK to 2.91m NOK (+7.2% YoY). Calculated
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↑
Operating result improved
Operating result +728 NOK → +105.6k NOK (op. margin 0.0% → 3.6%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 879.8k NOK → 758.4k NOK (equity ratio 28.3% → 27.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.18× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 866.2k NOK → 3.96m NOK (32% → 136% of revenue). Calculated