Org.nr 927 479 915 1998 → 1999 Year-over-year analysis

A-VARER AS: årsregnskap 1999 vs 1998

Shrank 35% on revenue

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for A-VARER AS. Revenue 3.00m NOK → 1.94m NOK (-35.3%). Equity 562.6k NOK → 524.3k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-VARER AS.

At a glance

Revenue

3.00m NOK 1.94m NOK

-35.3%

Operating result

+196.3k NOK -57.5k NOK

-129.3%

Equity

562.6k NOK 524.3k NOK

-6.8%

Total assets

1.19m NOK 1.18m NOK

-1.1%

↑
Payroll decreased

Salary cost 332.8k NOK → 269.1k NOK (11% → 14% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.00m NOK to 1.94m NOK (-35.3% YoY). Calculated
↓
Operating result weakened

Operating result +196.3k NOK → -57.5k NOK (op. margin 6.5% → -3.0%). Calculated
↓
Equity eroded

Book equity 562.6k NOK → 524.3k NOK (equity ratio 47.1% → 44.4%). Calculated