AD METAM AS: årsregnskap 1999 vs 1998
Shrank 20% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AD METAM AS. Revenue 18.18m NOK → 14.58m NOK (-19.8%).
Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AD METAM AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 18.18m NOK to 14.58m NOK (-19.8% YoY). Calculated
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↓
Operating result weakened
Operating result +311.2k NOK → +194.5k NOK (op. margin 1.7% → 1.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.03× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 2.31m NOK → 3.22m NOK (13% → 22% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 9.81m NOK → 8.35m NOK (-14.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.59m NOK → 461.5k NOK. Reported fact