ACO NORWAY AS: årsregnskap 1999 vs 1998
Grew 30% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ACO NORWAY AS. Revenue 6.30m NOK → 8.18m NOK (+29.8%). Net result -1.56m NOK → +585.5k NOK. Equity -6.26m NOK → -5.57m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
6.30m NOK
8.18m NOK
+29.8%
Operating result
-1.61m NOK
-24.8k NOK
+98.5%
Net result
-1.56m NOK
+585.5k NOK
+137.5%
Equity
-6.26m NOK
-5.57m NOK
+11.1%
Total assets
4.70m NOK
4.85m NOK
+3.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.30m NOK to 8.18m NOK (+29.8% YoY). Calculated
-
↑
Operating result improved
Operating result -1.61m NOK → -24.8k NOK (op. margin -25.6% → -0.3%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 1.56m NOK to a profit of 585.5k NOK. Calculated
-
↑
Equity strengthened
Book equity -6.26m NOK → -5.57m NOK (equity ratio -133.3% → -114.8%). Calculated