AGRON CORPORATE AS: årsregnskap 1999 vs 1998
Slipped into loss, fresh owner capital
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AGRON CORPORATE AS. Revenue 0 NOK → -47.0k NOK. Net result +2 838 NOK → -5 322 NOK. Equity 47.2k NOK → -52.5k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGRON CORPORATE AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 0 NOK to -47.0k NOK. Calculated
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↓
Operating result weakened
Operating result +3 500 NOK → -4 669 NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 2 838 NOK profit to a loss of 5 322 NOK. Calculated
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↓
Equity eroded
Book equity 47.2k NOK → -52.5k NOK (equity ratio 93.1% → -98.2%). Calculated
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↓
Cash fell
Bank deposits 50.7k NOK → 42.9k NOK (-15.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -98.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation