A NIELSEN TRAFIKKSKOLE AS: årsregnskap 1999 vs 1998
Shrank 207% on revenue, slipped into loss, fresh owner capital
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A NIELSEN TRAFIKKSKOLE AS. Revenue 2.06m NOK → -2.19m NOK (-206.8%). Net result +35.6k NOK → -29.6k NOK. Equity 298.3k NOK → -277.8k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A NIELSEN TRAFIKKSKOLE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 300.5k NOK → 310.6k NOK (+3.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.06m NOK to -2.19m NOK (-206.8% YoY). Calculated
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↓
Operating result weakened
Operating result +99.5k NOK → -93.8k NOK (op. margin 4.8% → 4.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 35.6k NOK profit to a loss of 29.6k NOK. Calculated
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↓
Equity eroded
Book equity 298.3k NOK → -277.8k NOK (equity ratio 22.2% → -22.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.27× → -1.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -22.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation