AE GRUPPEN AS: årsregnskap 1999 vs 1998
Shrank 17% on revenue, weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AE GRUPPEN AS. Revenue 3.03m NOK → 2.52m NOK (-17.0%). Net result +653.7k NOK → +199.0k NOK. Equity 422.5k NOK → 518.6k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AE GRUPPEN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +121.4k NOK → +296.1k NOK (op. margin 4.0% → 11.8%). Calculated
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↑
Equity strengthened
Book equity 422.5k NOK → 518.6k NOK (equity ratio 20.1% → 26.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.03m NOK to 2.52m NOK (-17.0% YoY). Calculated
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↓
Net result weakened
Net result +653.7k NOK → +199.0k NOK (net margin 21.6% → 7.9%). Calculated
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↓
Cash fell
Bank deposits 525.3k NOK → 61.6k NOK (-88.3% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 2 NOK → 77.8k NOK (+3888900.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 246.2k NOK → 1 NOK. Reported fact