AKERSHUS EIENDOM AS: årsregnskap 1999 vs 1998
Shrank 5% on revenue, cash halved-plus
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for AKERSHUS EIENDOM AS. Revenue 45.52m NOK → 43.06m NOK (-5.4%). Net result +9.20m NOK → +8.93m NOK. Equity 501.9k NOK → 3.56m NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AKERSHUS EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -3.14m NOK → +12.18m NOK (op. margin -6.9% → 28.3%). Calculated
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↑
Equity strengthened
Book equity 501.9k NOK → 3.56m NOK (equity ratio 0.9% → 10.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 45.52m NOK to 43.06m NOK (-5.4% YoY). Calculated
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↓
Cash fell
Bank deposits 28.58m NOK → 9.69m NOK (-66.1% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (28.58m NOK → 9.69m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation