FirmaIQ
Org.nr 918 239 030 1998 → 1999 Year-over-year analysis

AB EIENDOMMER AS: årsregnskap 1999 vs 1998

Shrank 77% on revenue, weaker earnings, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for AB EIENDOMMER AS. Revenue 14.13m NOK → 3.31m NOK (-76.6%). Net result +8.91m NOK → +2.63m NOK. Equity 30.78m NOK → 27.41m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AB EIENDOMMER AS.

At a glance

Scorecard

Revenue
14.13m NOK 3.31m NOK
-76.6%
Operating result
+12.52m NOK +2.18m NOK
-82.6%
Net result
+8.91m NOK +2.63m NOK
-70.5%
Equity
30.78m NOK 27.41m NOK
-11.0%
Cash
13.42m NOK 3.28m NOK
-75.6%
Total assets
44.15m NOK 40.29m NOK
-8.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.13m NOK to 3.31m NOK (-76.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +12.52m NOK → +2.18m NOK (op. margin 88.6% → 66.0%). Calculated

  • ↓

    Net result weakened

    Net result +8.91m NOK → +2.63m NOK (net margin 63.0% → 79.4%). Calculated

  • ↓

    Equity eroded

    Book equity 30.78m NOK → 27.41m NOK (equity ratio 69.7% → 68.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 13.42m NOK → 3.28m NOK (-75.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (13.42m NOK → 3.28m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3.67m NOK → 168 NOK. Reported fact