AJOUR MEDIA AS: årsregnskap 1999 vs 1998
Shrank 32% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AJOUR MEDIA AS. Revenue 3.10m NOK → 2.10m NOK (-32.2%). Net result +246.4k NOK → -79.2k NOK. Equity 362.3k NOK → 283.1k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AJOUR MEDIA AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.10m NOK to 2.10m NOK (-32.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +442.4k NOK → -94.9k NOK (op. margin 14.3% → -4.5%). Calculated
-
↓
Fell into a net loss
Net result flipped from 246.4k NOK profit to a loss of 79.2k NOK. Calculated
-
↓
Equity eroded
Book equity 362.3k NOK → 283.1k NOK (equity ratio 84.6% → 28.5%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 612.8k NOK → 900.5k NOK (20% → 43% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 1.47m NOK → 572.3k NOK (-60.9% YoY). Calculated