AGG INVEST AS: årsregnskap 1999 vs 1998
Shrank 71% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AGG INVEST AS. Revenue 4.15m NOK → 1.22m NOK (-70.7%). Equity 440.3k NOK → 353.0k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGG INVEST AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.15m NOK to 1.22m NOK (-70.7% YoY). Calculated
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↓
Operating result weakened
Operating result +43.7k NOK → -90.2k NOK (op. margin 1.1% → -7.4%). Calculated
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↓
Equity eroded
Book equity 440.3k NOK → 353.0k NOK (equity ratio 22.4% → 24.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 6.21× → 0.48× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 440.9k NOK → 2.41m NOK (11% → 198% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 700.9k NOK → 573.3k NOK (-18.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 233.0k NOK → 83.0k NOK. Reported fact