Org.nr 915 370 624 1998 → 1999 Year-over-year analysis

A/S Rep-Rek: årsregnskap 1999 vs 1998

Shrank 12% on revenue, fresh owner capital

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for A/S Rep-Rek. Revenue 22.45m NOK → 19.77m NOK (-11.9%). Equity 2.24m NOK → 1.28m NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S Rep-Rek.

At a glance

Revenue

22.45m NOK 19.77m NOK

-11.9%

Operating result

+773.2k NOK +23.0k NOK

-97.0%

Net result

n/m +165.0k NOK

—

Equity

2.24m NOK 1.28m NOK

-42.9%

Total assets

7.68m NOK 5.91m NOK

-23.1%

↑
Owners injected capital

Paid-in equity rose 50.0k NOK → 196.0k NOK (+146.0k NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 22.45m NOK to 19.77m NOK (-11.9% YoY). Calculated
↓
Operating result weakened

Operating result +773.2k NOK → +23.0k NOK (op. margin 3.4% → 0.1%). Calculated
↓
Equity eroded

Book equity 2.24m NOK → 1.28m NOK (equity ratio 29.1% → 21.6%). Calculated
↓
Payroll up without matching revenue

Salary cost 6.22m NOK → 7.01m NOK (28% → 35% of revenue). Calculated

·
COGS fell

COGS / varekostnad 8.77m NOK → 6.89m NOK (-21.4% YoY). Calculated
·
Book investments changed

Investment / intangible book value 0 NOK → 465.1k NOK. Reported fact