FirmaIQ
Org.nr 959 934 924 1998 → 1999 Year-over-year analysis

ADECCO SOLUTIONS AS: årsregnskap 1999 vs 1998

Shrank 100% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for ADECCO SOLUTIONS AS. Revenue 60.05bn NOK → 63.15m NOK (-99.9%). Net result +4.94bn NOK → +2.89m NOK. Equity 967.98m NOK → 2.22m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADECCO SOLUTIONS AS.

At a glance

Scorecard

Revenue
60.05bn NOK 63.15m NOK
-99.9%
Operating result
+5.64bn NOK +1 208 NOK
-100.0%
Net result
+4.94bn NOK +2.89m NOK
-99.9%
Equity
967.98m NOK 2.22m NOK
-99.8%
Total assets
19.62bn NOK 13.35m NOK
-99.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 60.05bn NOK to 63.15m NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.64bn NOK → +1 208 NOK (op. margin 9.4% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +4.94bn NOK → +2.89m NOK (net margin 8.2% → 4.6%). Calculated

  • ↓

    Equity eroded

    Book equity 967.98m NOK → 2.22m NOK (equity ratio 4.9% → 16.6%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 51.28m NOK → 57.04m NOK (0% → 90% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 400.0k NOK → 500 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 688.9k NOK → 187.1k NOK (-72.8% YoY). Calculated