ACCESS! AS: årsregnskap 2000 vs 1999
Grew 40% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for ACCESS! AS. Revenue 371.5k NOK → 519.0k NOK (+39.7%). Net result -115.6k NOK → -191.0k NOK. Equity 249.5k NOK → 58.5k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ACCESS! AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 371.5k NOK to 519.0k NOK (+39.7% YoY). Calculated
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↑
Operating result improved
Operating result -89.7k NOK → +37.6k NOK (op. margin -24.1% → 7.2%). Calculated
What deteriorated
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↓
Net result weakened
Net result -115.6k NOK → -191.0k NOK (net margin -31.1% → -36.8%). Calculated
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↓
Equity eroded
Book equity 249.5k NOK → 58.5k NOK (equity ratio 44.5% → 16.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 170.6k NOK → 187.9k NOK (46% → 36% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 346.0k NOK → 252.0k NOK. Reported fact