Org.nr 944 763 317 1998 → 1999 Year-over-year analysis

A/S SCAN AFRICAN: årsregnskap 1999 vs 1998

Shrank 97% on revenue, slipped into loss

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 1999 with 1998 for A/S SCAN AFRICAN. Revenue 907.1k NOK → 30.9k NOK (-96.6%). Net result +209.0k NOK → -853 NOK. Equity 1.24m NOK → 1.24m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S SCAN AFRICAN.

Scorecard

Revenue
907.1k NOK 30.9k NOK
-96.6%
Operating result
+253.8k NOK +25.4k NOK
-90.0%
Net result
+209.0k NOK -853 NOK
-100.4%
Equity
1.24m NOK 1.24m NOK
-0.1%
Total assets
2.43m NOK 1.52m NOK
-37.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 907.1k NOK to 30.9k NOK (-96.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +253.8k NOK → +25.4k NOK (op. margin 28.0% → 82.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 209.0k NOK profit to a loss of 853 NOK. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost -410.4k NOK → -344.8k NOK (-45% → -1116% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 756.6k NOK → 707.4k NOK. Reported fact