AKERSHUS HÅNDTVERKSTJENESTER AS: årsregnskap 2000 vs 1999
Returned to profit
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for AKERSHUS HÅNDTVERKSTJENESTER AS. Revenue 2.94m NOK → 2.84m NOK (-3.4%). Net result -61.6k NOK → +119.5k NOK. Equity 165.4k NOK → 184.9k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKERSHUS HÅNDTVERKSTJENESTER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -72.2k NOK → +162.8k NOK (op. margin -2.5% → 5.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 61.6k NOK to a profit of 119.5k NOK. Calculated
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Equity strengthened
Book equity 165.4k NOK → 184.9k NOK (equity ratio 8.6% → 11.7%). Calculated
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Payroll decreased
Salary cost 1.26m NOK → 1.08m NOK (43% → 38% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.94m NOK to 2.84m NOK (-3.4% YoY). Calculated
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↓
Cash fell
Bank deposits 203.8k NOK → 168.3k NOK (-17.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.31× → 0.24× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 298.0k NOK → 364.6k NOK. Reported fact