AHLSELL NORGE AS: årsregnskap 1999 vs 1998
Shrank 100% on revenue, weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AHLSELL NORGE AS. Revenue 9 210 NOK → 0 NOK (-100.0%). Net result +123.4k NOK → +52.7k NOK. Equity 1.48m NOK → -1.42m NOK.
On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AHLSELL NORGE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +25.4k NOK → +44.4k NOK. Calculated
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↑
Cash rose
Bank deposits 1.32m NOK → 1.54m NOK (+16.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 9 210 NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Net result weakened
Net result +123.4k NOK → +52.7k NOK. Calculated
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↓
Equity eroded
Book equity 1.48m NOK → -1.42m NOK (equity ratio 100.0% → -7.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 656.92× → -23.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -7.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 3 NOK → 6.50m NOK. Reported fact