A G KJØSTVEDT AS: årsregnskap 1998 vs 1997
A steady year on the published lines
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A G KJØSTVEDT AS. Equity 1.09m NOK → 1.12m NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
n/m
3.89m NOK
—
Operating result
+276.0k NOK
+197.9k NOK
-28.3%
Net result
n/m
+48.7k NOK
—
Equity
1.09m NOK
1.12m NOK
+2.6%
Total assets
4.15m NOK
4.31m NOK
+4.0%
What improved
-
↑
Equity strengthened
Book equity 1.09m NOK → 1.12m NOK (equity ratio 26.3% → 26.0%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +276.0k NOK → +197.9k NOK. Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.80× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated