ACCOUNTOR VAT-SERVICE AS: årsregnskap 2000 vs 1999
Grew 32% on revenue
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for ACCOUNTOR VAT-SERVICE AS. Revenue 367.6k NOK → 484.7k NOK (+31.9%). Net result +8 118 NOK → +2 641 NOK. Equity 64.8k NOK → 62.2k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACCOUNTOR VAT-SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 367.6k NOK to 484.7k NOK (+31.9% YoY). Calculated
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↑
Cash rose
Bank deposits 420.1k NOK → 11.58m NOK (+2655.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.99× → 1.06×. Calculated
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↑
Payroll decreased
Salary cost 294.9k NOK → 3 NOK (80% → 0% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +8 118 NOK → +2 641 NOK (net margin 2.2% → 0.5%). Calculated
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↓
Equity eroded
Book equity 64.8k NOK → 62.2k NOK (equity ratio 10.4% → 8.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 68.6k NOK → 22.2k NOK. Reported fact