Org.nr 924 131 039 1998 → 1999 Year-over-year analysis

A SÆVIK AS: årsregnskap 1999 vs 1998

Weaker earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 1999 with 1998 for A SÆVIK AS. Revenue 6.49m NOK → 6.49m NOK (-0.1%). Net result +51.2k NOK → +3 284 NOK. Equity 196.9k NOK → 200.2k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A SÆVIK AS.

Scorecard

Revenue
6.49m NOK 6.49m NOK
-0.1%
Operating result
+201.8k NOK +158.5k NOK
-21.4%
Net result
+51.2k NOK +3 284 NOK
-93.6%
Equity
196.9k NOK 200.2k NOK
+1.7%
Total assets
2.01m NOK 2.32m NOK
+15.4%

What improved

  • ↑

    Equity strengthened

    Book equity 196.9k NOK → 200.2k NOK (equity ratio 9.8% → 8.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.49m NOK to 6.49m NOK (-0.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +201.8k NOK → +158.5k NOK (op. margin 3.1% → 2.4%). Calculated

  • ↓

    Net result weakened

    Net result +51.2k NOK → +3 284 NOK (net margin 0.8% → 0.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 4.49m NOK → 4.25m NOK (-5.3% YoY). Calculated