ADOKS AS: årsregnskap 1999 vs 1998
Stronger earnings
Summary
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.
At a glance
Scorecard
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