A H VASBOTN AS: årsregnskap 1997 vs 1996
Stronger earnings
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for A H VASBOTN AS. Revenue 4.26m NOK → 4.37m NOK (+2.4%). Net result +44.9k NOK → +55.7k NOK. Equity 249.5k NOK → 295.2k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4.26m NOK to 4.37m NOK (+2.4% YoY). Calculated
-
↑
Net result improved
Net result +44.9k NOK → +55.7k NOK (net margin 1.1% → 1.3%). Calculated
-
↑
Equity strengthened
Book equity 249.5k NOK → 295.2k NOK (equity ratio 12.4% → 14.8%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +133.6k NOK → +128.5k NOK (op. margin 3.1% → 2.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.10× → 0.42× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated