AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS: årsregnskap 1999 vs 1998
Grew 7% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS. Revenue 15.13m NOK → 16.22m NOK (+7.2%). Net result +231 NOK → +88.4k NOK. Equity 4.18m NOK → 4.87m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 15.13m NOK to 16.22m NOK (+7.2% YoY). Calculated
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↑
Net result improved
Net result +231 NOK → +88.4k NOK (net margin 0.0% → 0.5%). Calculated
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↑
Equity strengthened
Book equity 4.18m NOK → 4.87m NOK (equity ratio 57.2% → 59.5%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +565.1k NOK → +323.1k NOK (op. margin 3.7% → 2.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.17m NOK → 6.14m NOK (34% → 38% of revenue). Calculated
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COGS fell
COGS / varekostnad 7.52m NOK → 6.58m NOK (-12.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 545.9k NOK → 260.5k NOK. Reported fact