ADAM & EVA FRISØR AS: årsregnskap 1999 vs 1998
Shrank 12% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ADAM & EVA FRISØR AS. Revenue 1.59m NOK → 1.39m NOK (-12.4%). Net result +74.5k NOK → +38.4k NOK. Equity 219.9k NOK → 51.3k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADAM & EVA FRISØR AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.59m NOK to 1.39m NOK (-12.4% YoY). Calculated
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↓
Operating result weakened
Operating result +126.5k NOK → +60.2k NOK (op. margin 8.0% → 4.3%). Calculated
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↓
Net result weakened
Net result +74.5k NOK → +38.4k NOK (net margin 4.7% → 2.8%). Calculated
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↓
Equity eroded
Book equity 219.9k NOK → 51.3k NOK (equity ratio 35.9% → 12.7%). Calculated
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↓
Cash fell
Bank deposits 390.0k NOK → 331.3k NOK (-15.1% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 219.0k NOK → 51.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 158.3k NOK → 5 000 NOK. Reported fact