A-DATA AS: årsregnskap 1999 vs 1998
Shrank 213% on revenue, stronger earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A-DATA AS. Revenue 495.7k NOK → -559.6k NOK (-212.9%). Net result 0 NOK → +85.8k NOK. Equity 43.8k NOK → -42.0k NOK.
On the constructive side: net result improved; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A-DATA AS.
At a glance
Scorecard
What improved
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Net result improved
Net result 0 NOK → +85.8k NOK (net margin 0.0% → -15.3%). Calculated
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Cash rose
Bank deposits 686.0k NOK → 725.1k NOK (+5.7% YoY). Calculated
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Payroll decreased
Salary cost 252.5k NOK → -11.9k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 495.7k NOK to -559.6k NOK (-212.9% YoY). Calculated
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↓
Operating result weakened
Operating result +126.0k NOK → -251.9k NOK (op. margin 25.4% → 45.0%). Calculated
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↓
Equity eroded
Book equity 43.8k NOK → -42.0k NOK (equity ratio 0.7% → -0.6%). Calculated
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↓
COGS moved
COGS / varekostnad 10.6k NOK → 24.7k NOK (+133.2% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 2.37m NOK → 2.98bn NOK. Reported fact