AIR PRODUCTS AS: årsregnskap 1999 vs 1998
Another loss-making year
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AIR PRODUCTS AS. Equity 77.18m NOK → 64.04m NOK.
Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
n/m
223.63m NOK
—
Operating result
+14.27m NOK
-2.61m NOK
-118.3%
Net result
n/m
-1.21m NOK
—
Equity
77.18m NOK
64.04m NOK
-17.0%
Total assets
133.58m NOK
112.06m NOK
-16.1%
What deteriorated
-
↓
Operating result weakened
Operating result +14.27m NOK → -2.61m NOK. Calculated
-
↓
Equity eroded
Book equity 77.18m NOK → 64.04m NOK (equity ratio 57.8% → 57.1%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.97× → -2.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated