Akershus Traktor A/S: årsregnskap 1999 vs 1998
Grew 29% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for Akershus Traktor A/S. Revenue 36.45m NOK → 47.19m NOK (+29.5%). Net result +13.5k NOK → +396.4k NOK. Equity 2.55m NOK → 3.80m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for Akershus Traktor A/S.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 36.45m NOK to 47.19m NOK (+29.5% YoY). Calculated
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Operating result improved
Operating result +142.8k NOK → +716.0k NOK (op. margin 0.4% → 1.5%). Calculated
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Net result improved
Net result +13.5k NOK → +396.4k NOK (net margin 0.0% → 0.8%). Calculated
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Equity strengthened
Book equity 2.55m NOK → 3.80m NOK (equity ratio 25.8% → 15.2%). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 800.0k NOK → 658.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 3.26m NOK → 3.32m NOK (9% → 7% of revenue). Calculated
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COGS moved
COGS / varekostnad 31.24m NOK → 40.59m NOK (+29.9% YoY). Calculated