ABC TRAFIKKSKOLE STEINAR MYHRE AS: årsregnskap 1999 vs 1998
Shrank 147% on revenue, returned to profit, fresh owner capital
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ABC TRAFIKKSKOLE STEINAR MYHRE AS. Revenue 1.60m NOK → -744.8k NOK (-146.6%). Net result -42.6k NOK → +17.4k NOK. Equity -114.0k NOK → -96.6k NOK.
On the constructive side: turned profitable; equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 42.6k NOK to a profit of 17.4k NOK. Calculated
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↑
Equity strengthened
Book equity -114.0k NOK → -96.6k NOK (equity ratio -2663.7% → -38.6%). Calculated
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↑
Payroll decreased
Salary cost 761.2k NOK → 212.6k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.60m NOK to -744.8k NOK (-146.6% YoY). Calculated
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↓
Operating result weakened
Operating result +126.6k NOK → +2 325 NOK (op. margin 7.9% → -0.3%). Calculated
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↓
Cash fell
Bank deposits 113.1k NOK → 101.1k NOK (-10.6% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 55.3k NOK → 74.0k NOK (+33.9% YoY). Calculated