AJ PRODUKTER AS: årsregnskap 1999 vs 1998
Shrank 191% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AJ PRODUKTER AS. Revenue 66.34m NOK → -60.33m NOK (-190.9%). Net result -753.6k NOK → -177.6k NOK. Equity 6.05m NOK → 6.23m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AJ PRODUKTER AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -753.6k NOK → -177.6k NOK (net margin -1.1% → 0.3%). Calculated
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↑
Equity strengthened
Book equity 6.05m NOK → 6.23m NOK (equity ratio 50.1% → 67.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 66.34m NOK to -60.33m NOK (-190.9% YoY). Calculated
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↓
Operating result weakened
Operating result +946.1k NOK → -41.0k NOK (op. margin 1.4% → 0.1%). Calculated
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↓
Cash fell
Bank deposits 4.06m NOK → 3.54m NOK (-12.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.78m NOK → 2.02m NOK. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 58.24m NOK → 52.26m NOK (-10.3% YoY). Calculated