AGS IT-PARTNER AS: årsregnskap 1999 vs 1998
Shrank 7% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AGS IT-PARTNER AS. Revenue 22.38m NOK → 20.92m NOK (-6.5%). Equity 4 353 NOK → 677.9k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGS IT-PARTNER AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 4 353 NOK → 677.9k NOK (equity ratio 0.1% → 13.3%). Calculated
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↑
Payroll decreased
Salary cost 7.25m NOK → 6.26m NOK (32% → 30% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 22.38m NOK to 20.92m NOK (-6.5% YoY). Calculated
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↓
Operating result weakened
Operating result +673.5k NOK → +286.7k NOK (op. margin 3.0% → 1.4%). Calculated
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↓
COGS moved
COGS / varekostnad 12.16m NOK → 12.43m NOK (+2.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 0 NOK → 168.3k NOK. Reported fact