ACCOUNTRA SOFTWARE AS: årsregnskap 1999 vs 1998
Shrank 21% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ACCOUNTRA SOFTWARE AS. Revenue 2 615 NOK → 2 058 NOK (-21.3%). Equity 50.0k NOK → 82 NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCOUNTRA SOFTWARE AS.
At a glance
Scorecard
Revenue
2 615 NOK
2 058 NOK
-21.3%
Operating result
+220.5k NOK
+40.2k NOK
-81.8%
Net result
n/m
+32.1k NOK
—
Equity
50.0k NOK
82 NOK
-99.8%
Total assets
407.6k NOK
412.4k NOK
+1.2%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2 615 NOK to 2 058 NOK (-21.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +220.5k NOK → +40.2k NOK (op. margin 8430.6% → 1954.4%). Calculated
-
↓
Equity eroded
Book equity 50.0k NOK → 82 NOK (equity ratio 12.3% → 0.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation