3 TS INDUSTRISERVICE AS: årsregnskap 1999 vs 1998
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for 3 TS INDUSTRISERVICE AS. Revenue 6.66m NOK → 6.44m NOK (-3.3%). Equity 670.4k NOK → 773.2k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 3 TS INDUSTRISERVICE AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 670.4k NOK → 773.2k NOK (equity ratio 25.1% → 20.3%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.66m NOK to 6.44m NOK (-3.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +268.3k NOK → +267.8k NOK (op. margin 4.0% → 4.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.86× → 0.64× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 287.0k NOK → 2.67m NOK (4% → 41% of revenue). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 398.0k NOK → 398 NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 2.64m NOK → 1.99m NOK (-24.5% YoY). Calculated