FirmaIQ
Org.nr 948 234 130 1998 → 1999 Year-over-year analysis

A.L. HØYER AS: årsregnskap 1999 vs 1998

Shrank 15% on revenue, weaker earnings, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for A.L. HØYER AS. Revenue 13.02m NOK → 11.13m NOK (-14.5%). Net result +860.2k NOK → +488.7k NOK. Equity 2.11m NOK → 2.30m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A.L. HØYER AS.

At a glance

Scorecard

Revenue
13.02m NOK 11.13m NOK
-14.5%
Operating result
+855.3k NOK +667.2k NOK
-22.0%
Net result
+860.2k NOK +488.7k NOK
-43.2%
Equity
2.11m NOK 2.30m NOK
+8.9%
Cash
2.49m NOK 1.19m NOK
-52.1%
Total assets
7.37m NOK 7.69m NOK
+4.4%

What improved

  • ↑

    Equity strengthened

    Book equity 2.11m NOK → 2.30m NOK (equity ratio 28.7% → 29.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 13.02m NOK to 11.13m NOK (-14.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +855.3k NOK → +667.2k NOK (op. margin 6.6% → 6.0%). Calculated

  • ↓

    Net result weakened

    Net result +860.2k NOK → +488.7k NOK (net margin 6.6% → 4.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.49m NOK → 1.19m NOK (-52.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.09× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 304.0k NOK → 5.00m NOK. Reported fact