3ANGLE AS: årsregnskap 1998 vs 1997
Grew 33% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for 3ANGLE AS. Revenue 615.7k NOK → 821.4k NOK (+33.4%). Equity 56.4k NOK → -5 906 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 3ANGLE AS.
At a glance
Scorecard
Revenue
615.7k NOK
821.4k NOK
+33.4%
Operating result
+6 338 NOK
+63.0k NOK
+893.9%
Net result
n/m
-62.3k NOK
—
Equity
56.4k NOK
-5 906 NOK
-110.5%
Cash
n/m
59.9k NOK
—
Total assets
224.8k NOK
237.0k NOK
+5.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 615.7k NOK to 821.4k NOK (+33.4% YoY). Calculated
-
↑
Operating result improved
Operating result +6 338 NOK → +63.0k NOK (op. margin 1.0% → 7.7%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 56.4k NOK → -5 906 NOK (equity ratio 25.1% → -2.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation