AH EIGEDOM AS: årsregnskap 1999 vs 1998
Grew 85% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AH EIGEDOM AS. Revenue 1.14m NOK → 2.12m NOK (+85.3%). Net result +22.8k NOK → +457.8k NOK. Equity 434.5k NOK → 742.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AH EIGEDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.14m NOK to 2.12m NOK (+85.3% YoY). Calculated
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↑
Operating result improved
Operating result +117.0k NOK → +650.6k NOK (op. margin 10.2% → 30.7%). Calculated
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↑
Net result improved
Net result +22.8k NOK → +457.8k NOK (net margin 2.0% → 21.6%). Calculated
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↑
Equity strengthened
Book equity 434.5k NOK → 742.3k NOK (equity ratio 42.0% → 40.1%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.59× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 635.8k NOK → 941.7k NOK (56% → 44% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 69.1k NOK → 129.7k NOK (+87.6% YoY). Calculated