ADHOC SOFTWARE AS: årsregnskap 1999 vs 1998
Shrank 5% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ADHOC SOFTWARE AS. Revenue 906.1k NOK → 859.1k NOK (-5.2%). Net result +203.7k NOK → +155.1k NOK. Equity 257.1k NOK → 262.2k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 257.1k NOK → 262.2k NOK (equity ratio 41.8% → 47.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 906.1k NOK to 859.1k NOK (-5.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +269.7k NOK → +198.4k NOK (op. margin 29.8% → 23.1%). Calculated
-
↓
Net result weakened
Net result +203.7k NOK → +155.1k NOK (net margin 22.5% → 18.1%). Calculated
-
↓
Cash fell
Bank deposits 448.0k NOK → 436.6k NOK (-2.5% YoY). Calculated