5895 INVEST AS: årsregnskap 1999 vs 1998
Shrank 57% on revenue, cash halved-plus
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for 5895 INVEST AS. Revenue 3.92m NOK → 1.68m NOK (-57.1%). Equity 175.2k NOK → 99.1k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 5895 INVEST AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.01× → 1.23×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.92m NOK to 1.68m NOK (-57.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +463.8k NOK → -68.5k NOK (op. margin 11.8% → -4.1%). Calculated
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↓
Equity eroded
Book equity 175.2k NOK → 99.1k NOK (equity ratio 40.2% → 22.5%). Calculated
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↓
Cash fell
Bank deposits 255.3k NOK → 3 427 NOK (-98.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 914.9k NOK → 217.0k NOK (-76.3% YoY). Calculated