AKER SEIL AS: årsregnskap 1999 vs 1998
Returned to profit
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AKER SEIL AS. Revenue 1.90m NOK → 1.88m NOK (-0.8%). Net result -98.8k NOK → 0 NOK. Equity 579.8k NOK → 541.5k NOK.
On the constructive side: turned profitable; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 98.8k NOK to a profit of 0 NOK. Calculated
-
↑
Cash rose
Bank deposits 32.9k NOK → 48.9k NOK (+48.9% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.90m NOK to 1.88m NOK (-0.8% YoY). Calculated
-
↓
Equity eroded
Book equity 579.8k NOK → 541.5k NOK. Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.28× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated