Org.nr 853 040 592 1998 → 1999 Year-over-year analysis

AIRCOIL AS: årsregnskap 1999 vs 1998

Grew 118% on revenue, stronger earnings

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for AIRCOIL AS. Revenue -15.55m NOK → 2.87m NOK (+118.5%). Net result +800.0k NOK → +993.3k NOK.

On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRCOIL AS.

At a glance

Revenue

-15.55m NOK 2.87m NOK

+118.5%

Operating result

+2.64m NOK +1.28m NOK

-51.4%

Net result

+800.0k NOK +993.3k NOK

+24.2%

Equity

2.72m NOK n/m

—

Cash

2.76m NOK 2.51m NOK

-9.1%

Total assets

5.54m NOK 5.22m NOK

-5.7%

↑
Revenue rose

Operating income / revenue moved from -15.55m NOK to 2.87m NOK (+118.5% YoY). Calculated
↑
Net result improved

Net result +800.0k NOK → +993.3k NOK (net margin -5.1% → 34.6%). Calculated
↑
Payroll decreased

Salary cost 1.92m NOK → 1.70m NOK (-12% → 59% of revenue). Calculated

↓
Operating result weakened

Operating result +2.64m NOK → +1.28m NOK (op. margin -17.0% → 44.6%). Calculated
↓
Cash fell

Bank deposits 2.76m NOK → 2.51m NOK (-9.1% YoY). Calculated