A FJELDSTAD AS: årsregnskap 1999 vs 1998
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A FJELDSTAD AS. Revenue 4.47m NOK → 4.30m NOK (-3.7%). Equity 1.59m NOK → 1.78m NOK.
On the constructive side: operating 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
Revenue
4.47m NOK
4.30m NOK
-3.7%
Operating result
+159.2k NOK
+259.4k NOK
+62.9%
Equity
1.59m NOK
1.78m NOK
+11.9%
Total assets
2.24m NOK
2.39m NOK
+6.9%
What improved
-
↑
Operating result improved
Operating result +159.2k NOK → +259.4k NOK (op. margin 3.6% → 6.0%). Calculated
-
↑
Equity strengthened
Book equity 1.59m NOK → 1.78m NOK (equity ratio 71.0% → 74.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.47m NOK to 4.30m NOK (-3.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.59× → 0.49× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated