AGENDEC AS: årsregnskap 1999 vs 1998
Shrank 22% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AGENDEC AS. Revenue 1.39m NOK → 1.08m NOK (-22.3%). Net result +129.3k NOK → +24.0k NOK. Equity 655.9k NOK → 631.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGENDEC AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 467.9k NOK → 440.6k NOK (34% → 41% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.39m NOK to 1.08m NOK (-22.3% YoY). Calculated
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↓
Operating result weakened
Operating result +104.8k NOK → +83.1k NOK (op. margin 7.6% → 7.7%). Calculated
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↓
Net result weakened
Net result +129.3k NOK → +24.0k NOK (net margin 9.3% → 2.2%). Calculated
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↓
Equity eroded
Book equity 655.9k NOK → 631.9k NOK (equity ratio 1185.0% → 65.5%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 503.6k NOK → 462.8k NOK (-8.1% YoY). Calculated