ADVANCE BUSINESS PARTNER AS: årsregnskap 1999 vs 1998
Shrank 60% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ADVANCE BUSINESS PARTNER AS. Revenue 880.3k NOK → 348.2k NOK (-60.4%). Equity 35.0k NOK → 40.6k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
880.3k NOK
348.2k NOK
-60.4%
Operating result
+21.1k NOK
+4 398 NOK
-79.1%
Net result
n/m
+5 602 NOK
—
Equity
35.0k NOK
40.6k NOK
+16.0%
Total assets
437.1k NOK
118.3k NOK
-72.9%
What improved
-
↑
Equity strengthened
Book equity 35.0k NOK → 40.6k NOK (equity ratio 8.0% → 34.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 880.3k NOK to 348.2k NOK (-60.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +21.1k NOK → +4 398 NOK (op. margin 2.4% → 1.3%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 0 NOK → 199.6k NOK (0% → 57% of revenue). Calculated