ADVOKAT SIGURD A REFVIK EIENDOM AS: årsregnskap 1999 vs 1998
Shrank 20% on revenue
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ADVOKAT SIGURD A REFVIK EIENDOM AS. Revenue 253.3k NOK → 203.5k NOK (-19.6%). Equity 156.3k NOK → 156 NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADVOKAT SIGURD A REFVIK EIENDOM AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 253.3k NOK to 203.5k NOK (-19.6% YoY). Calculated
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↓
Operating result weakened
Operating result +151.2k NOK → -140.0k NOK (op. margin 59.7% → -68.8%). Calculated
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↓
Equity eroded
Book equity 156.3k NOK → 156 NOK (equity ratio 24.5% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 10.0k NOK → 2 618 NOK (-73.9% YoY). Calculated