ADDEND AS: årsregnskap 2000 vs 1999
Grew 23% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for ADDEND AS. Revenue 1.91m NOK → 2.35m NOK (+22.9%). Net result +609.8k NOK → +480.6k NOK. Equity 412.3k NOK → 692.9k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADDEND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.91m NOK to 2.35m NOK (+22.9% YoY). Calculated
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↑
Operating result improved
Operating result +844.2k NOK → +896.0k NOK (op. margin 44.2% → 38.2%). Calculated
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↑
Equity strengthened
Book equity 412.3k NOK → 692.9k NOK. Calculated
What deteriorated
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↓
Net result weakened
Net result +609.8k NOK → +480.6k NOK (net margin 31.9% → 20.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.50× → 0.72× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 688.4k NOK → 56.81m NOK (36% → 2421% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 417.1k NOK → 1.00m NOK. Reported fact