FirmaIQ
Org.nr 936 656 013 1998 → 1999 Year-over-year analysis

MEDISTIM ASA: årsregnskap 1999 vs 1998

Weaker earnings, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1999 with 1998 for MEDISTIM ASA. Revenue 27.64m NOK → 28.12m NOK (+1.8%). Net result +2.23m NOK → +25.8k NOK. Equity 5.88m NOK → 3.16m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for MEDISTIM ASA.

At a glance

Scorecard

Revenue
27.64m NOK 28.12m NOK
+1.8%
Operating result
+3.51m NOK +492.0k NOK
-86.0%
Net result
+2.23m NOK +25.8k NOK
-98.8%
Equity
5.88m NOK 3.16m NOK
-46.3%
Cash
3.46m NOK 1.24m NOK
-64.1%
Total assets
17.06m NOK 11.21m NOK
-34.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 27.64m NOK to 28.12m NOK (+1.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.51m NOK → +492.0k NOK (op. margin 12.7% → 1.7%). Calculated

  • ↓

    Net result weakened

    Net result +2.23m NOK → +25.8k NOK (net margin 8.1% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 5.88m NOK → 3.16m NOK (equity ratio 34.5% → 28.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.46m NOK → 1.24m NOK (-64.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (3.46m NOK → 1.24m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 5.90m NOK → 6.28m NOK (21% → 22% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 12.53m NOK → 13.27m NOK (+5.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 219.4k NOK → 215.1k NOK. Reported fact