AGRAF AS: årsregnskap 2000 vs 1999
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for AGRAF AS. Revenue 9.12m NOK → 8.98m NOK (-1.6%). Net result +90.0k NOK → +3 047 NOK. Equity 275.5k NOK → 778.5k NOK.
On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGRAF AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +1.07m NOK → +1.35m NOK (op. margin 11.7% → 15.0%). Calculated
-
↑
Equity strengthened
Book equity 275.5k NOK → 778.5k NOK (equity ratio 10.0% → 21.2%). Calculated
-
↑
Payroll decreased
Salary cost 727.4k NOK → 6 NOK (8% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 9.12m NOK to 8.98m NOK (-1.6% YoY). Calculated
-
↓
Net result weakened
Net result +90.0k NOK → +3 047 NOK (net margin 1.0% → 0.0%). Calculated
-
↓
Cash fell
Bank deposits 423.1k NOK → 388.3k NOK (-8.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.30× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 6.00m NOK → 5.76m NOK (-4.0% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 0 NOK → 269.6k NOK. Reported fact