A & R EIENDOM SKJERVØY AS: årsregnskap 1997 vs 1996
Grew 21% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for A & R EIENDOM SKJERVØY AS. Revenue 1.40m NOK → 1.69m NOK (+20.9%). Equity 476.4k NOK → 103.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A & R EIENDOM SKJERVØY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.40m NOK to 1.69m NOK (+20.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +820.3k NOK → +287.3k NOK (op. margin 58.7% → 17.0%). Calculated
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↓
Equity eroded
Book equity 476.4k NOK → 103.9k NOK (equity ratio 5.2% → 0.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.27× → 0.65× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation