A LEVERSUND & CO AS: årsregnskap 1998 vs 1997
Grew 29% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A LEVERSUND & CO AS. Revenue 8.80m NOK → 11.38m NOK (+29.4%). Equity 811.7k NOK → 253.8k 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 LEVERSUND & CO AS.
At a glance
Scorecard
Revenue
8.80m NOK
11.38m NOK
+29.4%
Operating result
+196.2k NOK
+527.8k NOK
+169.0%
Net result
n/m
+399.7k NOK
—
Equity
811.7k NOK
253.8k NOK
-68.7%
Cash
n/m
432.0k NOK
—
Total assets
4.91m NOK
2.97m NOK
-39.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 8.80m NOK to 11.38m NOK (+29.4% YoY). Calculated
-
↑
Operating result improved
Operating result +196.2k NOK → +527.8k NOK (op. margin 2.2% → 4.6%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 811.7k NOK → 253.8k NOK (equity ratio 16.5% → 8.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 8.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation