1-2-TRE AS: årsregnskap 1998 vs 1997
Shrank 16% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for 1-2-TRE AS. Revenue 233.2k NOK → 195.4k NOK (-16.2%). Equity 24.6k NOK → 23.9k NOK.
Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 1-2-TRE AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 233.2k NOK to 195.4k NOK (-16.2% YoY). Calculated
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↓
Operating result weakened
Operating result +48.1k NOK → -33.5k NOK (op. margin 20.6% → -17.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.20× → 0.81× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 0 NOK → 53.1k NOK (0% → 27% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 149.9k NOK → 130.5k NOK (-12.9% YoY). Calculated