ACCOUNTNET INVEST AS: årsregnskap 1999 vs 1998
Grew 185% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ACCOUNTNET INVEST AS. Revenue 1.59m NOK → 4.52m NOK (+184.9%). Net result +23.6k NOK → +65.7k NOK. Equity 234.8k NOK → 285.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCOUNTNET INVEST AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.59m NOK to 4.52m NOK (+184.9% YoY). Calculated
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Operating result improved
Operating result +51.7k NOK → +85.5k NOK (op. margin 3.3% → 1.9%). Calculated
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Net result improved
Net result +23.6k NOK → +65.7k NOK (net margin 1.5% → 1.5%). Calculated
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Equity strengthened
Book equity 234.8k NOK → 285.5k NOK (equity ratio 28.1% → 33.0%). Calculated
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Payroll decreased
Salary cost 1.24m NOK → 1.11m NOK (78% → 25% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 8 106 NOK → 1 156 NOK (-85.7% YoY). Calculated