A & R EIENDOM SKJERVØY AS: årsregnskap 1999 vs 1998
Grew 7% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A & R EIENDOM SKJERVØY AS. Revenue 2.52m NOK → 2.68m NOK (+6.7%). Net result +130.6k NOK → +51.7k NOK. Equity 234.6k NOK → 182.9k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for A & R EIENDOM SKJERVØY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.52m NOK to 2.68m NOK (+6.7% YoY). Calculated
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↑
Operating result improved
Operating result +219.4k NOK → +319.5k NOK (op. margin 8.7% → 11.9%). Calculated
What deteriorated
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↓
Net result weakened
Net result +130.6k NOK → +51.7k NOK (net margin 5.2% → 1.9%). Calculated
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↓
Equity eroded
Book equity 234.6k NOK → 182.9k NOK (equity ratio 1.1% → 0.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 20.1k NOK → 27.8k NOK (1% → 1% of revenue). Calculated