ACCOUNT-IT AS: årsregnskap 2000 vs 1999
Grew 16% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for ACCOUNT-IT AS. Revenue 7.31m NOK → 8.46m NOK (+15.6%). Net result +459.7k NOK → +61.4k NOK. Equity 1.10m NOK → 1.16m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ACCOUNT-IT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7.31m NOK to 8.46m NOK (+15.6% YoY). Calculated
-
↑
Operating result improved
Operating result +125.8k NOK → +339.3k NOK (op. margin 1.7% → 4.0%). Calculated
-
↑
Equity strengthened
Book equity 1.10m NOK → 1.16m NOK (equity ratio 32.4% → 32.3%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.81× → 1.07×. Calculated
What deteriorated
-
↓
Net result weakened
Net result +459.7k NOK → +61.4k NOK (net margin 6.3% → 0.7%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 5.72m NOK → 5.91m NOK (78% → 70% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 220.7k NOK → 103.0k NOK (-53.3% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 665.5k NOK → 312.4k NOK. Reported fact