A & BIRGER LUNKE AS: årsregnskap 1997 vs 1996
Shrank 13% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for A & BIRGER LUNKE AS. Revenue 376.9k NOK → 326.6k NOK (-13.3%). Equity 2.54m NOK → 2.27m NOK.
Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
376.9k NOK
326.6k NOK
-13.3%
Operating result
+506.3k NOK
n/m
—
Equity
2.54m NOK
2.27m NOK
-10.9%
Total assets
2.78m NOK
2.41m NOK
-13.5%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 376.9k NOK to 326.6k NOK (-13.3% YoY). Calculated
-
↓
Equity eroded
Book equity 2.54m NOK → 2.27m NOK (equity ratio 91.4% → 94.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 11.97× → 0.59× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated