AD LAGUN AS: årsregnskap 1999 vs 1998
Shrank 42% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AD LAGUN AS. Revenue 738.5k NOK → 428.5k NOK (-42.0%). Net result +226.9k NOK → +526.0k NOK. Equity 276.9k NOK → 703.0k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AD LAGUN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +322.5k NOK → +801.4k NOK (op. margin 43.7% → 187.0%). Calculated
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↑
Net result improved
Net result +226.9k NOK → +526.0k NOK (net margin 30.7% → 122.8%). Calculated
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↑
Equity strengthened
Book equity 276.9k NOK → 703.0k NOK (equity ratio 28.6% → 134.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 738.5k NOK to 428.5k NOK (-42.0% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 301.2k NOK → 417.5k NOK (41% → 97% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 0 NOK → 45.0k NOK. Reported fact