A-GROSS AS: årsregnskap 1999 vs 1998
Shrank 218965% on revenue, weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A-GROSS AS. Revenue 1 323 NOK → -2.90m NOK (-218964.9%). Net result +406.5k NOK → +191.8k NOK. Equity 200.8k NOK → -189.0k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A-GROSS AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 1 323 NOK to -2.90m NOK (-218964.9% YoY). Calculated
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Operating result weakened
Operating result +487.9k NOK → -1.65m NOK (op. margin 36880.2% → 56.8%). Calculated
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↓
Net result weakened
Net result +406.5k NOK → +191.8k NOK (net margin 30727.6% → -6.6%). Calculated
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Equity eroded
Book equity 200.8k NOK → -189.0k NOK (equity ratio 0.8% → -0.7%). Calculated
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Cash fell
Bank deposits 182.8k NOK → 118.9k NOK (-34.9% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation