4 LIKE AS: årsregnskap 1999 vs 1998
Shrank 64% on revenue, returned to profit, cash halved-plus
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for 4 LIKE AS. Revenue 1.40m NOK → 500.0k NOK (-64.3%). Net result -1.71m NOK → +3.09m NOK. Equity -5.30m NOK → -2.21m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4 LIKE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -1.71m NOK → +3.17m NOK (op. margin -122.1% → 634.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 1.71m NOK to a profit of 3.09m NOK. Calculated
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↑
Equity strengthened
Book equity -5.30m NOK → -2.21m NOK (equity ratio -643.9% → -258.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.40m NOK to 500.0k NOK (-64.3% YoY). Calculated
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↓
Cash fell
Bank deposits 83.6k NOK → 1 427 NOK (-98.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4 200 NOK → 13.2k NOK. Reported fact