Org.nr 979 288 662 1998 → 1999 Year-over-year analysis

ACANE AS: årsregnskap 1999 vs 1998

Grew 39256% on revenue, weaker earnings

Full company analysis · All year comparisons

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.

Scorecard

Revenue
4 332 NOK 1.70m NOK
+39256.5%
Operating result
+3.52m NOK +683.5k NOK
-80.6%
Net result
+3.51m NOK +561.2k NOK
-84.0%
Equity
371.2k NOK 220.0k NOK
-40.7%
Cash
440.1k NOK 524.9k NOK
+19.3%
Total assets
3 711 NOK 1.05m NOK
+28322.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4 332 NOK to 1.70m NOK (+39256.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 440.1k NOK → 524.9k NOK (+19.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.52m NOK → +683.5k NOK (op. margin 81157.8% → 40.1%). Calculated

  • ↓

    Net result weakened

    Net result +3.51m NOK → +561.2k NOK (net margin 81091.1% → 32.9%). Calculated

  • ↓

    Equity eroded

    Book equity 371.2k NOK → 220.0k NOK (equity ratio 10002.2% → 20.9%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 103.3k NOK → 11.6k NOK. Reported fact