A/S Stortorvet 5: årsregnskap 1999 vs 1998
A steady year on the published lines
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A/S Stortorvet 5. Revenue 1.03m NOK → 1.02m NOK (-0.7%). Net result +530.0k NOK → +536.2k NOK. Equity 829.9k NOK → 766.0k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.03m NOK
1.02m NOK
-0.7%
Operating result
+710.5k NOK
+657.6k NOK
-7.5%
Net result
+530.0k NOK
+536.2k NOK
+1.2%
Equity
829.9k NOK
766.0k NOK
-7.7%
Total assets
2.78m NOK
2.60m NOK
-6.6%
What improved
-
↑
Current ratio back above 1×
Current ratio 0.12× → 1.21×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.03m NOK to 1.02m NOK (-0.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +710.5k NOK → +657.6k NOK (op. margin 69.1% → 64.4%). Calculated
-
↓
Equity eroded
Book equity 829.9k NOK → 766.0k NOK (equity ratio 29.8% → 29.5%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 43.8k NOK → 88.4k NOK (4% → 9% of revenue). Calculated