A JØRGENSEN AS: årsregnskap 1997 vs 1996
Grew 1314% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for A JØRGENSEN AS. Revenue 78.5k NOK → 1.11m NOK (+1313.5%). Equity 464.1k NOK → 363.5k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A JØRGENSEN AS.
At a glance
Scorecard
Revenue
78.5k NOK
1.11m NOK
+1313.5%
Operating result
+244.0k NOK
+1 264 NOK
-99.5%
Equity
464.1k NOK
363.5k NOK
-21.7%
Total assets
3.79m NOK
4.22m NOK
+11.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 78.5k NOK to 1.11m NOK (+1313.5% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +244.0k NOK → +1 264 NOK (op. margin 311.0% → 0.1%). Calculated
-
↓
Equity eroded
Book equity 464.1k NOK → 363.5k NOK (equity ratio 12.2% → 8.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation