A/S Eiendomsutvikling: årsregnskap 1999 vs 1998
Shrank 205% on revenue, slipped into loss, fresh owner capital
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A/S Eiendomsutvikling. Revenue 8.50m NOK → -8.89m NOK (-204.5%). Net result +6.87m NOK → -6.10m NOK. Equity -123.20m NOK → -85.11m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -123.20m NOK → -85.11m NOK (equity ratio -76.2% → -48.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 8.50m NOK to -8.89m NOK (-204.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +7.05m NOK → -6.49m NOK (op. margin 83.0% → 73.0%). Calculated
-
↓
Fell into a net loss
Net result flipped from 6.87m NOK profit to a loss of 6.10m NOK. Calculated
-
↓
Current ratio dropped below 1×
Current ratio 68.23× → -1.54× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated