Org.nr 914 653 177 1997 → 1998 Year-over-year analysis

A NILSSON & CO AS: årsregnskap 1998 vs 1997

Shrank 98% on revenue

Summary

What changed

Comparing Årsregnskap 1998 with 1997 for A NILSSON & CO AS. Revenue 47.53m NOK → 1.06m NOK (-97.8%). Equity 2.14m NOK → 17.9k NOK.

Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A NILSSON & CO AS.

At a glance

Revenue

47.53m NOK 1.06m NOK

-97.8%

Operating result

n/m +1.94m NOK

—

Net result

n/m +1.21m NOK

—

Equity

2.14m NOK 17.9k NOK

-99.2%

Cash

n/m 670.9k NOK

—

Total assets

8.83m NOK 9.09m NOK

+3.0%

↓
Revenue fell

Operating income / revenue moved from 47.53m NOK to 1.06m NOK (-97.8% YoY). Calculated
↓
Equity eroded

Book equity 2.14m NOK → 17.9k NOK (equity ratio 24.3% → 0.2%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.02× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 520.0k NOK → 100.0k NOK. Reported fact