AE EIENDOM AS: årsregnskap 1999 vs 1998
Shrank 69% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AE EIENDOM AS. Revenue 455.4k NOK → 142.5k NOK (-68.7%). Net result -50.1k NOK → +54.5k NOK. Equity 98 NOK → 71.2k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +39.9k NOK → +100.6k NOK (op. margin 8.8% → 70.6%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 50.1k NOK to a profit of 54.5k NOK. Calculated
-
↑
Equity strengthened
Book equity 98 NOK → 71.2k NOK (equity ratio 0.0% → 18.8%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 455.4k NOK to 142.5k NOK (-68.7% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 275.7k NOK → 390.5k NOK (61% → 274% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 133.7k NOK → 463.6k NOK (+246.7% YoY). Calculated