ADACON AS: årsregnskap 1999 vs 1998
Shrank 99% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ADACON AS. Revenue 929.0k NOK → 6 264 NOK (-99.3%). Net result +163.1k NOK → +132.3k NOK. Equity 171.0k NOK → 125.2k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
929.0k NOK
6 264 NOK
-99.3%
Operating result
+295.1k NOK
+206.7k NOK
-29.9%
Net result
+163.1k NOK
+132.3k NOK
-18.9%
Equity
171.0k NOK
125.2k NOK
-26.8%
Cash
n/m
244.2k NOK
—
Total assets
547.8k NOK
599.4k NOK
+9.4%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 929.0k NOK to 6 264 NOK (-99.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +295.1k NOK → +206.7k NOK (op. margin 31.8% → 3300.4%). Calculated
-
↓
Net result weakened
Net result +163.1k NOK → +132.3k NOK (net margin 17.6% → 2111.5%). Calculated
-
↓
Equity eroded
Book equity 171.0k NOK → 125.2k NOK (equity ratio 31.2% → 20.9%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 392.0k NOK → 533.1k NOK (42% → 8511% of revenue). Calculated