FirmaIQ
Org.nr 938 113 033 1998 → 1999 Year-over-year analysis

ADVICE REKLAMEBYRÅ AS: årsregnskap 1999 vs 1998

Shrank 20% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for ADVICE REKLAMEBYRÅ AS. Revenue 4.55m NOK → 3.63m NOK (-20.2%). Net result -6 720 NOK → -80.5k NOK. Equity 162.6k NOK → 82.1k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVICE REKLAMEBYRÅ AS.

At a glance

Scorecard

Revenue
4.55m NOK 3.63m NOK
-20.2%
Operating result
+17.9k NOK -54.6k NOK
-404.5%
Net result
-6 720 NOK -80.5k NOK
-1098.2%
Equity
162.6k NOK 82.1k NOK
-49.5%
Total assets
941.0k NOK 864.3k NOK
-8.2%

What improved

  • ↑

    Payroll decreased

    Salary cost 697.0k NOK → 391.1k NOK (15% → 11% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.55m NOK to 3.63m NOK (-20.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +17.9k NOK → -54.6k NOK (op. margin 0.4% → -1.5%). Calculated

  • ↓

    Net result weakened

    Net result -6 720 NOK → -80.5k NOK (net margin -0.1% → -2.2%). Calculated

  • ↓

    Equity eroded

    Book equity 162.6k NOK → 82.1k NOK (equity ratio 17.3% → 9.5%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.10× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation