FirmaIQ
Org.nr 918 227 865 1998 → 1999 Year-over-year analysis

ABC STORMARKED AS: årsregnskap 1999 vs 1998

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for ABC STORMARKED AS. Revenue 16.49m NOK → 16.28m NOK (-1.3%). Net result +870.7k NOK → +260.9k NOK. Equity 5.87m NOK → 3.92m NOK.

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

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABC STORMARKED AS.

At a glance

Scorecard

Revenue
16.49m NOK 16.28m NOK
-1.3%
Operating result
+1 998 NOK +2.29m NOK
+114554.0%
Net result
+870.7k NOK +260.9k NOK
-70.0%
Equity
5.87m NOK 3.92m NOK
-33.2%
Total assets
26.44m NOK 25.89m NOK
-2.1%

What improved

  • ↑

    Operating result improved

    Operating result +1 998 NOK → +2.29m NOK (op. margin 0.0% → 14.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.49m NOK to 16.28m NOK (-1.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +870.7k NOK → +260.9k NOK (net margin 5.3% → 1.6%). Calculated

  • ↓

    Equity eroded

    Book equity 5.87m NOK → 3.92m NOK (equity ratio 22.2% → 15.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.06m NOK → 2.35m NOK (12% → 14% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 8.20m NOK → 8.42m NOK (+2.7% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 5.87m NOK → 2.80m NOK — check capital reduction, conversion, or reclassification. Interpretation