A MARINE AS: årsregnskap 1998 vs 1997
Grew 43% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A MARINE AS. Revenue 623.6k NOK → 893.2k NOK (+43.2%). Equity 186.1k NOK → 192.2k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A MARINE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 623.6k NOK to 893.2k NOK (+43.2% YoY). Calculated
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↑
Operating result improved
Operating result +191.7k NOK → +360.6k NOK (op. margin 30.7% → 40.4%). Calculated
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↑
Equity strengthened
Book equity 186.1k NOK → 192.2k NOK (equity ratio 37.9% → 27.3%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.44× → 0.29× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 54.6k NOK → 56.9k NOK. Reported fact