OTELLO CORPORATION ASA: årsregnskap 1999 vs 1998
Slipped into loss
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for OTELLO CORPORATION ASA. Revenue 7.18m NOK → 7.18m NOK (+0.1%). Net result +1 999 NOK → -4.10m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for OTELLO CORPORATION ASA.
At a glance
Scorecard
Revenue
7.18m NOK
7.18m NOK
+0.1%
Operating result
+992.5k NOK
-4.30m NOK
-533.7%
Net result
+1 999 NOK
-4.10m NOK
-205222.1%
Equity
309.5k NOK
n/m
—
Total assets
407.3k NOK
n/m
—
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7.18m NOK to 7.18m NOK (+0.1% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +992.5k NOK → -4.30m NOK (op. margin 13.8% → -59.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 1 999 NOK profit to a loss of 4.10m NOK. Calculated
Things to notice
-
·
Payroll increased
Salary cost 3.68m NOK → 6.64m NOK (51% → 92% of revenue). Calculated