FirmaIQ
Org.nr 879 438 462 1998 → 1999 Year-over-year analysis

ACTIC NORGE AS: årsregnskap 1999 vs 1998

Grew 242844% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for ACTIC NORGE AS. Revenue 2 416 NOK → 5.87m NOK (+242843.8%). Net result +759.3k NOK → +878.2k NOK. Equity 519.3k NOK → 397.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ACTIC NORGE AS.

At a glance

Scorecard

Revenue
2 416 NOK 5.87m NOK
+242843.8%
Operating result
+1.05m NOK +1.19m NOK
+14.0%
Net result
+759.3k NOK +878.2k NOK
+15.7%
Equity
519.3k NOK 397.5k NOK
-23.5%
Total assets
5.18m NOK 4.65m NOK
-10.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 416 NOK to 5.87m NOK (+242843.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.05m NOK → +1.19m NOK (op. margin 43363.9% → 20.3%). Calculated

  • ↑

    Net result improved

    Net result +759.3k NOK → +878.2k NOK (net margin 31426.9% → 15.0%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 519.3k NOK → 397.5k NOK (equity ratio 10.0% → 8.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1.60m NOK → 3.06m NOK (66034% → 52% of revenue). Calculated