AEKO INGIERVEIEN AS: årsregnskap 1999 vs 1998
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AEKO INGIERVEIEN AS. Revenue 1.53m NOK → 1.46m NOK (-4.4%). Equity 3.11m NOK → 2.64m NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.53m NOK
1.46m NOK
-4.4%
Operating result
+698.6k NOK
+815.9k NOK
+16.8%
Equity
3.11m NOK
2.64m NOK
-15.1%
Total assets
15.49m NOK
15.02m NOK
-3.0%
What improved
-
↑
Operating result improved
Operating result +698.6k NOK → +815.9k NOK (op. margin 45.8% → 56.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.53m NOK to 1.46m NOK (-4.4% YoY). Calculated
-
↓
Equity eroded
Book equity 3.11m NOK → 2.64m NOK (equity ratio 20.1% → 17.5%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.20× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated