FirmaIQ
Org.nr 967 070 246 1998 → 1999 Year-over-year analysis

ADMINS AS: årsregnskap 1999 vs 1998

Grew 69% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for ADMINS AS. Revenue 6.57m NOK → 11.06m NOK (+68.5%). Net result +745.2k NOK → +66.0k NOK. Equity 490.8k NOK → 347.8k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADMINS AS.

At a glance

Scorecard

Revenue
6.57m NOK 11.06m NOK
+68.5%
Operating result
+155.3k NOK +1.56m NOK
+901.7%
Net result
+745.2k NOK +66.0k NOK
-91.1%
Equity
490.8k NOK 347.8k NOK
-29.1%
Total assets
891.8k NOK 3.47m NOK
+289.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.57m NOK to 11.06m NOK (+68.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +155.3k NOK → +1.56m NOK (op. margin 2.4% → 14.1%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +745.2k NOK → +66.0k NOK (net margin 11.3% → 0.6%). Calculated

  • ↓

    Equity eroded

    Book equity 490.8k NOK → 347.8k NOK (equity ratio 55.0% → 10.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.25× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.96m NOK → 3.83m NOK (30% → 35% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.66m NOK → 4.32m NOK (+62.6% YoY). Calculated