AGENDEC AS: årsregnskap 2000 vs 1999
Shrank 12% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for AGENDEC AS. Revenue 1.08m NOK → 943.5k NOK (-12.4%). Net result +24.0k NOK → +456.1k NOK. Equity 631.9k NOK → 175.8k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
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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↑
Operating result improved
Operating result +83.1k NOK → +463.1k NOK (op. margin 7.7% → 49.1%). Calculated
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↑
Net result improved
Net result +24.0k NOK → +456.1k NOK (net margin 2.2% → 48.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.08m NOK to 943.5k NOK (-12.4% YoY). Calculated
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↓
Equity eroded
Book equity 631.9k NOK → 175.8k NOK (equity ratio 65.5% → 29.8%). Calculated
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↓
Payroll up without matching revenue
Salary cost 440.6k NOK → 606.5k NOK (41% → 64% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 462.8k NOK → 236.8k NOK (-48.8% YoY). Calculated