A BJØRNSTAD AS: årsregnskap 1999 vs 1998
Shrank 100% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A BJØRNSTAD AS. Revenue 1.14m NOK → 0 NOK (-100.0%). Net result +162.1k NOK → +253.1k NOK. Equity 860.3k NOK → 1.43m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +294.9k NOK → +312.2k NOK. Calculated
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↑
Net result improved
Net result +162.1k NOK → +253.1k NOK. Calculated
-
↑
Equity strengthened
Book equity 860.3k NOK → 1.43m NOK (equity ratio 7.0% → 12.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.14m NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated