ADVENTURE AS: årsregnskap 1999 vs 1998
Weaker earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ADVENTURE AS. Net result +358.2k NOK → +276.2k NOK. Equity 78.2k NOK → 404.4k NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.18m NOK
n/m
—
Operating result
+806.1k NOK
+639.2k NOK
-20.7%
Net result
+358.2k NOK
+276.2k NOK
-22.9%
Equity
78.2k NOK
404.4k NOK
+417.1%
Total assets
744.2k NOK
696.3k NOK
-6.4%
What improved
-
↑
Equity strengthened
Book equity 78.2k NOK → 404.4k NOK (equity ratio 10.5% → 58.1%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +806.1k NOK → +639.2k NOK. Calculated
-
↓
Net result weakened
Net result +358.2k NOK → +276.2k NOK. Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.78× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated