A-BAD AS: årsregnskap 1998 vs 1997
Shrank 100% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A-BAD AS. Revenue 2.30m NOK → 2 008 NOK (-99.9%). Equity 792.6k NOK → 53.8k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A-BAD AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +301.5k NOK → +465.0k NOK (op. margin 13.1% → 23157.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.30m NOK to 2 008 NOK (-99.9% YoY). Calculated
-
↓
Equity eroded
Book equity 792.6k NOK → 53.8k NOK (equity ratio 18.9% → 1.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 89.5k NOK → 1 353 NOK (-98.5% YoY). Calculated