A/S Hørtefossen: årsregnskap 2000 vs 1999
Grew 213% on revenue, returned to profit, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for A/S Hørtefossen. Revenue -4.15m NOK → 4.68m NOK (+213.0%). Net result -353.0k NOK → +478.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A/S Hørtefossen.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from -4.15m NOK to 4.68m NOK (+213.0% YoY). Calculated
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↑
Operating result improved
Operating result -452.6k NOK → +650.7k NOK (op. margin 10.9% → 13.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 353.0k NOK to a profit of 478.0k NOK. Calculated
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↑
Owners injected capital
Paid-in equity rose -50.0k NOK → 50.0k NOK (+100.0k NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 906.5k NOK → 285.1k NOK (-68.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.38m NOK → 1.64m NOK (-33% → 35% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 1.57m NOK → 1.54m NOK (-1.6% YoY). Calculated