4S LIGHTING AS: årsregnskap 1997 vs 1996
Shrank 100% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for 4S LIGHTING AS. Revenue 604.9k NOK → 604 NOK (-99.9%). Net result +459.6k NOK → -25.0k NOK. Equity -11.6k NOK → -11.6k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4S LIGHTING AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 604.9k NOK to 604 NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result +482.8k NOK → -24.5k NOK (op. margin 79.8% → -4057.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 459.6k NOK profit to a loss of 25.0k NOK. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation