AKERSHUS AUTO BILVERKSTED AS: årsregnskap 1999 vs 1998
Grew 44% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AKERSHUS AUTO BILVERKSTED AS. Revenue 3.67m NOK → 5.29m NOK (+44.3%). Net result -269.1k NOK → +140.8k NOK. Equity -188.5k NOK → 14.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AKERSHUS AUTO BILVERKSTED AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.67m NOK to 5.29m NOK (+44.3% YoY). Calculated
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Operating result improved
Operating result -239.8k NOK → +170.4k NOK (op. margin -6.5% → 3.2%). Calculated
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Turned profitable
Net result flipped from a loss of 269.1k NOK to a profit of 140.8k NOK. Calculated
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Equity strengthened
Book equity -188.5k NOK → 14.9k NOK (equity ratio -60.9% → 3.4%). Calculated
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Cash rose
Bank deposits 68.3k NOK → 207.4k NOK (+203.8% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 3.31m NOK → 4.65m NOK (+40.5% YoY). Calculated