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Org.nr 947 504 614 1998 → 1999 Year-over-year analysis

AKB LIGHTING AS: årsregnskap 1999 vs 1998

Shrank 14% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for AKB LIGHTING AS. Revenue 22.39m NOK → 19.21m NOK (-14.2%). Net result +1.45m NOK → +867.5k NOK. Equity 3.58m NOK → 4.44m NOK.

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

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

At a glance

Scorecard

Revenue
22.39m NOK 19.21m NOK
-14.2%
Operating result
+1 432 NOK +20.42m NOK
+1425531.3%
Net result
+1.45m NOK +867.5k NOK
-40.4%
Equity
3.58m NOK 4.44m NOK
+24.3%
Cash
340.4k NOK 640.1k NOK
+88.1%
Total assets
16.33m NOK 15.55m NOK
-4.8%

What improved

  • ↑

    Operating result improved

    Operating result +1 432 NOK → +20.42m NOK (op. margin 0.0% → 106.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.58m NOK → 4.44m NOK (equity ratio 21.9% → 28.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 340.4k NOK → 640.1k NOK (+88.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.16m NOK → 3.47m NOK (19% → 18% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 22.39m NOK to 19.21m NOK (-14.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +1.45m NOK → +867.5k NOK (net margin 6.5% → 4.5%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 13.90m NOK → 11.25m NOK (-19.1% YoY). Calculated