A/S Naufgården: årsregnskap 1999 vs 1998
Shrank 8% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A/S Naufgården. Revenue 579.2k NOK → 531.0k NOK (-8.3%). Equity 792.0k NOK → 1.77m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for A/S Naufgården.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 792.0k NOK → 1.77m NOK (equity ratio 17.2% → 39.1%). Calculated
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↑
Cash rose
Bank deposits 32.0k NOK → 53.9k NOK (+68.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 579.2k NOK to 531.0k NOK (-8.3% YoY). Calculated
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↓
Operating result weakened
Operating result +371.7k NOK → +220.1k NOK (op. margin 64.2% → 41.4%). Calculated
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↓
Payroll up without matching revenue
Salary cost 3 596 NOK → 11.3k NOK (1% → 2% of revenue). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 1.79m NOK → 1.77m NOK — check capital reduction, conversion, or reclassification. Interpretation