ADONIS EDB AS: årsregnskap 1999 vs 1998
Grew 353% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ADONIS EDB AS. Revenue 45.0k NOK → 203.9k NOK (+353.3%). Net result +53.4k NOK → +80.4k NOK. Equity 0 NOK → 900.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for ADONIS EDB AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 45.0k NOK to 203.9k NOK (+353.3% YoY). Calculated
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Operating result improved
Operating result +995 NOK → +7 355 NOK (op. margin 2.2% → 3.6%). Calculated
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Net result improved
Net result +53.4k NOK → +80.4k NOK (net margin 118.8% → 39.4%). Calculated
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Equity strengthened
Book equity 0 NOK → 900.0k NOK (equity ratio 0.0% → 41.0%). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 1.90m NOK → 900.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS moved
COGS / varekostnad 26.8k NOK → 193.2k NOK (+620.9% YoY). Calculated