A/S Even Cudrio: årsregnskap 1999 vs 1998
Grew 25% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A/S Even Cudrio. Revenue 7.29m NOK → 9.15m NOK (+25.4%). Net result +16.9k NOK → +205.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A/S Even Cudrio.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.29m NOK to 9.15m NOK (+25.4% YoY). Calculated
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↑
Operating result improved
Operating result +163.8k NOK → +386.1k NOK (op. margin 2.2% → 4.2%). Calculated
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Net result improved
Net result +16.9k NOK → +205.2k NOK (net margin 0.2% → 2.2%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.96× → 1.03×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 133.3k NOK → 116.3k NOK (-12.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.85m NOK → 3.56m NOK (39% → 39% of revenue). Calculated
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COGS moved
COGS / varekostnad 2.64m NOK → 3.49m NOK (+32.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 119.1k NOK → 70.9k NOK. Reported fact