A HELGESEN EIENDOM AS: årsregnskap 1998 vs 1997
A steady year on the published lines
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A HELGESEN EIENDOM AS. Revenue 1.54m NOK → 1.55m NOK (+1.0%). Equity 936.6k NOK → 212.1k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A HELGESEN EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.54m NOK to 1.55m NOK (+1.0% YoY). Calculated
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↑
Operating result improved
Operating result +322.4k NOK → +409.7k NOK (op. margin 21.0% → 26.4%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 936.6k NOK → 212.1k NOK (equity ratio 28.2% → 2.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation