AKERSHUS BYGGMESTERFORRETNING AS: årsregnskap 1999 vs 1998
Grew 57% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AKERSHUS BYGGMESTERFORRETNING AS. Revenue 15.01m NOK → 23.55m NOK (+57.0%). Net result +636.8k NOK → +166.4k NOK. Equity 600.3k NOK → 864.3k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKERSHUS BYGGMESTERFORRETNING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 15.01m NOK to 23.55m NOK (+57.0% YoY). Calculated
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Operating result improved
Operating result +916.7k NOK → +984.8k NOK (op. margin 6.1% → 4.2%). Calculated
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Equity strengthened
Book equity 600.3k NOK → 864.3k NOK (equity ratio 12.4% → 20.3%). Calculated
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Cash rose
Bank deposits 2.18m NOK → 12.88m NOK (+491.7% YoY). Calculated
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Payroll decreased
Salary cost -6.19m NOK → -6.47m NOK (-41% → -27% of revenue). Calculated
What deteriorated
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Net result weakened
Net result +636.8k NOK → +166.4k NOK (net margin 4.2% → 0.7%). Calculated
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Current ratio dropped below 1×
Current ratio 1.07× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS fell
COGS / varekostnad -6.20m NOK → -12.36m NOK (-99.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 0 NOK → 476.2k NOK. Reported fact