Agnar Knutsen & Co AS: årsregnskap 1999 vs 1998
Shrank 213% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for Agnar Knutsen & Co AS. Revenue 13.47m NOK → -15.20m NOK (-212.8%). Net result -170.1k NOK → -157.2k NOK. Equity -3.56m NOK → -3.42m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for Agnar Knutsen & Co AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -170.1k NOK → -157.2k NOK (net margin -1.3% → 1.0%). Calculated
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↑
Equity strengthened
Book equity -3.56m NOK → -3.42m NOK (equity ratio -74.0% → -73.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 13.47m NOK to -15.20m NOK (-212.8% YoY). Calculated
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↓
Operating result weakened
Operating result +212.1k NOK → -172.1k NOK (op. margin 1.6% → 1.1%). Calculated
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↓
Cash fell
Bank deposits 3.51m NOK → 3.38m NOK (-3.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.35m NOK → 1.44m NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 0 NOK → 30.0k NOK. Reported fact