A C SMITH EIENDOM AS: årsregnskap 1998 vs 1997
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A C SMITH EIENDOM AS. Revenue 0 NOK → 1.37m NOK. Equity 71 NOK → 2.48m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
0 NOK
1.37m NOK
—
Operating result
+18 NOK
+1.23m NOK
+6845411.1%
Equity
71 NOK
2.48m NOK
+3493001.4%
Total assets
47 NOK
8.94m NOK
+19022953.2%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1.37m NOK. Calculated
-
↑
Operating result improved
Operating result +18 NOK → +1.23m NOK. Calculated
-
↑
Equity strengthened
Book equity 71 NOK → 2.48m NOK (equity ratio 151.1% → 27.7%). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.30× → 0.21× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated