3 TS INDUSTRISERVICE AS: årsregnskap 1997 vs 1996
Grew 1848% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for 3 TS INDUSTRISERVICE AS. Revenue 328.3k NOK → 6.40m NOK (+1848.3%). Equity 86.1k NOK → 163.0k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 3 TS INDUSTRISERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 328.3k NOK to 6.40m NOK (+1848.3% YoY). Calculated
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↑
Operating result improved
Operating result +172.6k NOK → +238.3k NOK (op. margin 52.6% → 3.7%). Calculated
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↑
Equity strengthened
Book equity 86.1k NOK → 163.0k NOK (equity ratio 15.7% → 0.0%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 26.37× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 448.3k NOK → 645.4k NOK (137% → 10% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.37m NOK → 4.98m NOK (+47.8% YoY). Calculated