1000 MILE NORGE AS: årsregnskap 1997 vs 1996
Shrank 84% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for 1000 MILE NORGE AS. Revenue 7.24m NOK → 1.14m NOK (-84.3%). Equity 22.6k NOK → 151.3k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
7.24m NOK
1.14m NOK
-84.3%
Operating result
+69.1k NOK
+168.8k NOK
+144.1%
Equity
22.6k NOK
151.3k NOK
+568.3%
Total assets
99.5k NOK
4 984 NOK
-95.0%
What improved
-
↑
Operating result improved
Operating result +69.1k NOK → +168.8k NOK (op. margin 1.0% → 14.9%). Calculated
-
↑
Equity strengthened
Book equity 22.6k NOK → 151.3k NOK (equity ratio 22.7% → 3036.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 7.24m NOK to 1.14m NOK (-84.3% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.29× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated