ACR elektro AS: årsregnskap 1999 vs 1998
Grew 93% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ACR elektro AS. Revenue 9.86m NOK → 19.07m NOK (+93.4%). Equity 1.75m NOK → 1.01m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACR elektro AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.86m NOK to 19.07m NOK (+93.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +826.2k NOK → +531.5k NOK (op. margin 8.4% → 2.8%). Calculated
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↓
Equity eroded
Book equity 1.75m NOK → 1.01m NOK (equity ratio 33.4% → 15.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.27× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 1.25m NOK → 250.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 4.31m NOK → 6.26m NOK (44% → 33% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.46m NOK → 8.36m NOK (+141.7% YoY). Calculated