ADOLPH TIDEMANDSGT 20/22 AS: årsregnskap 1999 vs 1998
Shrank 70% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ADOLPH TIDEMANDSGT 20/22 AS. Revenue 1.99m NOK → 594.3k NOK (-70.2%). Net result +517.1k NOK → -879.6k NOK. Equity 7.89m NOK → 7.01m NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.99m NOK to 594.3k NOK (-70.2% YoY). Calculated
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Operating result weakened
Operating result +1.35m NOK → -180.3k NOK (op. margin 67.8% → -30.3%). Calculated
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Fell into a net loss
Net result flipped from 517.1k NOK profit to a loss of 879.6k NOK. Calculated
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Equity eroded
Book equity 7.89m NOK → 7.01m NOK (equity ratio 36.5% → 33.6%). Calculated
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Current ratio dropped below 1×
Current ratio 9.78× → 0.38× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated