Org.nr 959 934 924 1997 → 1998 Year-over-year analysis

ADECCO SOLUTIONS AS: årsregnskap 1998 vs 1997

Grew 154397% on revenue, stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 1998 with 1997 for ADECCO SOLUTIONS AS. Revenue 38.87m NOK → 60.05bn NOK (+154397.2%). Net result +1.33m NOK → +4.94bn NOK. Equity 827.7k NOK → 967.98m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADECCO SOLUTIONS AS.

Scorecard

Revenue
38.87m NOK 60.05bn NOK
+154397.2%
Operating result
+1 986 NOK +5.64bn NOK
+284024673.4%
Net result
+1.33m NOK +4.94bn NOK
+370592.9%
Equity
827.7k NOK 967.98m NOK
+116847.7%
Total assets
7.62m NOK 19.62bn NOK
+257330.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 38.87m NOK to 60.05bn NOK (+154397.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 986 NOK → +5.64bn NOK (op. margin 0.0% → 9.4%). Calculated

  • ↑

    Net result improved

    Net result +1.33m NOK → +4.94bn NOK (net margin 3.4% → 8.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 827.7k NOK → 967.98m NOK (equity ratio 10.9% → 4.9%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.91× → 1.01×. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation