A SANDBERG AS: årsregnskap 1999 vs 1998
Grew 9% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A SANDBERG AS. Revenue 16.07m NOK → 17.45m NOK (+8.6%). Equity 866.5k NOK → 258.9k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A SANDBERG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 16.07m NOK to 17.45m NOK (+8.6% YoY). Calculated
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↑
Operating result improved
Operating result +324.2k NOK → +516.4k NOK (op. margin 2.0% → 3.0%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 866.5k NOK → 258.9k NOK (equity ratio 26.6% → 6.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 39.4k NOK → 1.04m NOK (0% → 6% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 13.50m NOK → 14.51m NOK (+7.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 75.0k NOK → 25.0k NOK. Reported fact