Org.nr 850 174 342 1998 → 1999 Year-over-year analysis

AKERSHUS MOTOR AS: årsregnskap 1999 vs 1998

Grew 14% on revenue

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for AKERSHUS MOTOR AS. Revenue 26.06m NOK → 29.82m NOK (+14.4%). Equity 1.09m NOK → 419.0k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AKERSHUS MOTOR AS.

At a glance

Revenue

26.06m NOK 29.82m NOK

+14.4%

Operating result

+1.09m NOK +1.16m NOK

+6.6%

Net result

n/m +731.5k NOK

—

Equity

1.09m NOK 419.0k NOK

-61.5%

Total assets

3.67m NOK 4.00m NOK

+8.9%

↑
Revenue rose

Operating income / revenue moved from 26.06m NOK to 29.82m NOK (+14.4% YoY). Calculated
↑
Operating result improved

Operating result +1.09m NOK → +1.16m NOK (op. margin 4.2% → 3.9%). Calculated

↓
Equity eroded

Book equity 1.09m NOK → 419.0k NOK (equity ratio 29.6% → 10.5%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.27× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Payroll increased

Salary cost 611.0k NOK → 867.5k NOK (2% → 3% of revenue). Calculated
·
COGS moved

COGS / varekostnad 22.01m NOK → 24.94m NOK (+13.3% YoY). Calculated