ACANE AS: årsregnskap 1999 vs 1998
Grew 39256% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ACANE AS. Revenue 4 332 NOK → 1.70m NOK (+39256.5%). Net result +3.51m NOK → +561.2k NOK. Equity 371.2k NOK → 220.0k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACANE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4 332 NOK to 1.70m NOK (+39256.5% YoY). Calculated
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↑
Cash rose
Bank deposits 440.1k NOK → 524.9k NOK (+19.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +3.52m NOK → +683.5k NOK (op. margin 81157.8% → 40.1%). Calculated
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↓
Net result weakened
Net result +3.51m NOK → +561.2k NOK (net margin 81091.1% → 32.9%). Calculated
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↓
Equity eroded
Book equity 371.2k NOK → 220.0k NOK (equity ratio 10002.2% → 20.9%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 103.3k NOK → 11.6k NOK. Reported fact