2TAL AS: årsregnskap 1997 vs 1996
Grew 118% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for 2TAL AS. Revenue 2.47m NOK → 5.36m NOK (+117.5%). Equity 731.1k NOK → 120.0k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2TAL AS.
At a glance
Scorecard
Revenue
2.47m NOK
5.36m NOK
+117.5%
Operating result
+386.6k NOK
+943.1k NOK
+144.0%
Equity
731.1k NOK
120.0k NOK
-83.6%
Total assets
1.35m NOK
2.35m NOK
+74.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.47m NOK to 5.36m NOK (+117.5% YoY). Calculated
-
↑
Operating result improved
Operating result +386.6k NOK → +943.1k NOK (op. margin 15.7% → 17.6%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 731.1k NOK → 120.0k NOK (equity ratio 54.3% → 5.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 5.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation