A/S SCAN AFRICAN: årsregnskap 2000 vs 1999
Grew 45% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for A/S SCAN AFRICAN. Revenue 30.9k NOK → 44.6k NOK (+44.5%). Net result -853 NOK → +72.2k NOK. Equity 1.24m NOK → 1.31m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A/S SCAN AFRICAN.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 30.9k NOK to 44.6k NOK (+44.5% YoY). Calculated
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Operating result improved
Operating result +25.4k NOK → +87.7k NOK (op. margin 82.1% → 196.4%). Calculated
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Turned profitable
Net result flipped from a loss of 853 NOK to a profit of 72.2k NOK. Calculated
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Equity strengthened
Book equity 1.24m NOK → 1.31m NOK (equity ratio 81.3% → 91.4%). Calculated
Things to notice
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Payroll increased
Salary cost -344.8k NOK → -309.8k NOK (-1116% → -694% of revenue). Calculated
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COGS fell
COGS / varekostnad -30.9k NOK → -48.5k NOK (-57.0% YoY). Calculated