ACHILLES INFORMATION AS: årsregnskap 2000 vs 1999
Grew 556% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for ACHILLES INFORMATION AS. Revenue 111.7k NOK → 732.1k NOK (+555.7%). Net result -604.5k NOK → -2.10m NOK. Equity 2 308 NOK → -1.75m NOK.
On the constructive side: revenue rose; current ratio back above 1×; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ACHILLES INFORMATION AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 111.7k NOK to 732.1k NOK (+555.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.72× → 5.54×. Calculated
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↑
Payroll decreased
Salary cost -1 868 NOK → -2.98m NOK (-2% → -407% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1 549 NOK → -4.75m NOK (op. margin 1.4% → -649.1%). Calculated
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↓
Net result weakened
Net result -604.5k NOK → -2.10m NOK (net margin -541.4% → -286.3%). Calculated
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↓
Equity eroded
Book equity 2 308 NOK → -1.75m NOK (equity ratio 24.0% → -18.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -18.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad -365.8k NOK → -751.6k NOK (-105.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3 051 NOK → 3.05m NOK. Reported fact