AGROMILJØ EIENDOM AS: årsregnskap 2000 vs 1999
Shrank 14% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for AGROMILJØ EIENDOM AS. Revenue 5.93m NOK → 5.11m NOK (-13.7%). Net result +332.8k NOK → +153.5k NOK. Equity 885.8k NOK → 39.2k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGROMILJØ EIENDOM AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 5.93m NOK to 5.11m NOK (-13.7% YoY). Calculated
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↓
Operating result weakened
Operating result +537.9k NOK → +287.1k NOK (op. margin 9.1% → 5.6%). Calculated
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↓
Net result weakened
Net result +332.8k NOK → +153.5k NOK (net margin 5.6% → 3.0%). Calculated
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↓
Equity eroded
Book equity 885.8k NOK → 39.2k NOK (equity ratio 19.4% → 1.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 875.8k NOK → 962.3k NOK (15% → 19% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 3.52m NOK → 2.93m NOK (-16.7% YoY). Calculated