AGS EIENDOM AS: årsregnskap 1999 vs 1998
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AGS EIENDOM AS. Revenue 813.5k NOK → 785.2k NOK (-3.5%). Equity 2.46m NOK → 3.74m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGS EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 2.46m NOK → 3.74m NOK (equity ratio 40.3% → 64.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 813.5k NOK to 785.2k NOK (-3.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +384.4k NOK → +287.9k NOK (op. margin 47.3% → 36.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 6.08× → 0.46× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 139.2k NOK → 145.8k NOK (17% → 19% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.02m NOK → 692.8k NOK. Reported fact