AD METAM AS: årsregnskap 2000 vs 1999
Grew 25% on revenue
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for AD METAM AS. Revenue 14.58m NOK → 18.22m NOK (+25.0%). Equity 947.6k NOK → 847.5k NOK.
On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AD METAM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 14.58m NOK to 18.22m NOK (+25.0% YoY). Calculated
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↑
Operating result improved
Operating result +194.5k NOK → +764.7k NOK (op. margin 1.3% → 4.2%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.96× → 1.06×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 947.6k NOK → 847.5k NOK (equity ratio 15.5% → 9.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 3.22m NOK → 4.30m NOK (22% → 24% of revenue). Calculated
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COGS moved
COGS / varekostnad 8.35m NOK → 9.06m NOK (+8.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 461.5k NOK → 461 NOK. Reported fact