Org.nr 931 260 553 1997 → 1998 Year-over-year analysis

A BJØRNSTAD AS: årsregnskap 1998 vs 1997

Shrank 96% on revenue, stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 1998 with 1997 for A BJØRNSTAD AS. Revenue 29.54m NOK → 1.14m NOK (-96.2%). Net result +142 NOK → +162.1k NOK. Equity 498.20bn NOK → 860.3k NOK.

On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A BJØRNSTAD AS.

Scorecard

Revenue
29.54m NOK 1.14m NOK
-96.2%
Operating result
+371.5k NOK +294.9k NOK
-20.6%
Net result
+142 NOK +162.1k NOK
+114088.7%
Equity
498.20bn NOK 860.3k NOK
-100.0%
Total assets
n/m 12.29m NOK
—

What improved

  • ↑

    Net result improved

    Net result +142 NOK → +162.1k NOK (net margin 0.0% → 14.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 29.54m NOK to 1.14m NOK (-96.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +371.5k NOK → +294.9k NOK (op. margin 1.3% → 26.0%). Calculated

  • ↓

    Equity eroded

    Book equity 498.20bn NOK → 860.3k NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation