9.NUT AS: årsregnskap 1998 vs 1997
Grew 1076% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for 9.NUT AS. Revenue 42.5k NOK → 500.1k NOK (+1076.4%). Net result +16.3k NOK → +123.7k NOK. Equity 100.6k NOK → -23.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 9.NUT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 42.5k NOK to 500.1k NOK (+1076.4% YoY). Calculated
-
↑
Operating result improved
Operating result +11.2k NOK → +136.8k NOK (op. margin 26.4% → 27.4%). Calculated
-
↑
Net result improved
Net result +16.3k NOK → +123.7k NOK (net margin 38.3% → 24.7%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 100.6k NOK → -23.7k NOK (equity ratio 27.4% → -6.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -6.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 781.4k NOK → 246.7k NOK (-68.4% YoY). Calculated