Org.nr 975 944 484 1998 → 1999 Year-over-year analysis

ADOKS AS: årsregnskap 1999 vs 1998

Stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 1999 with 1998 for ADOKS AS. Revenue -3.12m NOK → -3.07m NOK (+1.6%). Net result 0 NOK → +27.7k NOK. Equity -1.93m NOK → -2.06m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADOKS AS.

Scorecard

Revenue
-3.12m NOK -3.07m NOK
+1.6%
Operating result
-1.15m NOK -714.4k NOK
+37.6%
Net result
0 NOK +27.7k NOK
—
Equity
-1.93m NOK -2.06m NOK
-6.6%
Total assets
10.96m NOK 11.28m NOK
+2.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from -3.12m NOK to -3.07m NOK (+1.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.15m NOK → -714.4k NOK (op. margin 36.8% → 23.3%). Calculated

  • ↑

    Net result improved

    Net result 0 NOK → +27.7k NOK (net margin -0.0% → -0.9%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -1.93m NOK → -2.06m NOK (equity ratio -17.6% → -18.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -18.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 314.9k NOK → 324.1k NOK (+2.9% YoY). Calculated