AKB LIGHTING AS: årsregnskap 2000 vs 1999
Shrank 26% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for AKB LIGHTING AS. Revenue 19.21m NOK → 14.24m NOK (-25.9%). Net result +867.5k NOK → +197.7k NOK. Equity 4.44m NOK → 5.02m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKB LIGHTING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 4.44m NOK → 5.02m NOK (equity ratio 28.6% → 34.4%). Calculated
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↑
Cash rose
Bank deposits 640.1k NOK → 2.14m NOK (+233.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.47m NOK → 3.17m NOK (18% → 22% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 19.21m NOK to 14.24m NOK (-25.9% YoY). Calculated
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↓
Operating result weakened
Operating result +20.42m NOK → +197.7k NOK (op. margin 106.3% → 1.4%). Calculated
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↓
Net result weakened
Net result +867.5k NOK → +197.7k NOK (net margin 4.5% → 1.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 11.25m NOK → 7.78m NOK (-30.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 130.0k NOK → 0 NOK. Reported fact