ADVOKAT VIDAR BRODER LUND AS: årsregnskap 1999 vs 1998
Shrank 74% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for ADVOKAT VIDAR BRODER LUND AS. Revenue 4.69m NOK → 1.21m NOK (-74.3%). Net result +1.22m NOK → +332.0k NOK. Equity 293.1k NOK → 625.1k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 293.1k NOK → 625.1k NOK (equity ratio 9.9% → 31.2%). Calculated
-
↑
Payroll decreased
Salary cost -208.7k NOK → -223.3k NOK (-4% → -19% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.69m NOK to 1.21m NOK (-74.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +743.7k NOK → +598.0k NOK (op. margin 15.8% → 49.6%). Calculated
-
↓
Net result weakened
Net result +1.22m NOK → +332.0k NOK (net margin 26.0% → 27.5%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.08× → 0.81× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated