Org.nr 937 182 678 1998 → 1999 Year-over-year analysis

ADLER AS: årsregnskap 1999 vs 1998

Shrank 28% on revenue

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for ADLER AS. Revenue 54.81m NOK → 39.22m NOK (-28.5%). Equity 8.11m NOK → 7.77m NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADLER AS.

At a glance

Revenue

54.81m NOK 39.22m NOK

-28.5%

Operating result

+951.5k NOK +1.11m NOK

+16.4%

Equity

8.11m NOK 7.77m NOK

-4.2%

Total assets

23.53m NOK 21.79m NOK

-7.4%

↑
Operating result improved

Operating result +951.5k NOK → +1.11m NOK (op. margin 1.7% → 2.8%). Calculated
↑
Payroll decreased

Salary cost 10.28m NOK → 7.90m NOK (19% → 20% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 54.81m NOK to 39.22m NOK (-28.5% YoY). Calculated
↓
Equity eroded

Book equity 8.11m NOK → 7.77m NOK (equity ratio 34.5% → 35.6%). Calculated

·
COGS fell

COGS / varekostnad 35.98m NOK → 25.50m NOK (-29.1% YoY). Calculated
·
Book investments changed

Investment / intangible book value 41.3k NOK → 32.2k NOK. Reported fact