ADVANIA FOCUS AS: årsregnskap 1999 vs 1998
Grew 143963% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ADVANIA FOCUS AS. Revenue 1 110 NOK → 1.60m NOK (+143963.3%). Net result +499.8k NOK → +616.6k NOK. Equity 249.8k NOK → 466.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVANIA FOCUS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 110 NOK to 1.60m NOK (+143963.3% YoY). Calculated
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↑
Operating result improved
Operating result +684.2k NOK → +829.1k NOK (op. margin 61643.9% → 51.8%). Calculated
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Net result improved
Net result +499.8k NOK → +616.6k NOK (net margin 45029.4% → 38.6%). Calculated
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↑
Equity strengthened
Book equity 249.8k NOK → 466.4k NOK (equity ratio 31.2% → 208.5%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.45× → 0.30× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 327.5k NOK → 5.62m NOK (29507% → 351% of revenue). Calculated