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Org.nr 947 038 400 1999 → 2000 Year-over-year analysis

A/S SørMek: årsregnskap 2000 vs 1999

Grew 110% on revenue, returned to profit

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2000 with 1999 for A/S SørMek. Revenue 8.73m NOK → 18.35m NOK (+110.1%). Net result -110.4k NOK → +569.2k NOK. Equity 1.29m NOK → 1.56m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A/S SørMek.

At a glance

Scorecard

Revenue
8.73m NOK 18.35m NOK
+110.1%
Operating result
-131.7k NOK +873.7k NOK
+763.6%
Net result
-110.4k NOK +569.2k NOK
+615.7%
Equity
1.29m NOK 1.56m NOK
+20.9%
Cash
103.7k NOK 273.2k NOK
+163.5%
Total assets
3.09m NOK 7.12m NOK
+130.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.73m NOK to 18.35m NOK (+110.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -131.7k NOK → +873.7k NOK (op. margin -1.5% → 4.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 110.4k NOK to a profit of 569.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.29m NOK → 1.56m NOK (equity ratio 41.7% → 21.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 103.7k NOK → 273.2k NOK (+163.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost -3.24m NOK → 4.89m NOK (-37% → 27% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad -4.39m NOK → 10.99m NOK (+350.4% YoY). Calculated