A. SPORT AS: årsregnskap 1999 vs 1998
Shrank 58% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A. SPORT AS. Revenue 257.3k NOK → 108.9k NOK (-57.7%). Net result +1 520 NOK → -70.1k NOK.
On the constructive side: cash rose; payroll decreased. 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
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↑
Cash rose
Bank deposits 13.7k NOK → 19.7k NOK (+43.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 130.9k NOK → 51.4k NOK (51% → 47% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 257.3k NOK to 108.9k NOK (-57.7% YoY). Calculated
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↓
Operating result weakened
Operating result +1 441 NOK → -97.2k NOK (op. margin 0.6% → -89.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 1 520 NOK profit to a loss of 70.1k NOK. Calculated
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↓
Current ratio dropped below 1×
Current ratio 7.69× → 0.50× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
COGS moved
COGS / varekostnad 65.3k NOK → 84.2k NOK (+29.0% YoY). Calculated