A/S Edvardsen Eiendom: årsregnskap 1998 vs 1997
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A/S Edvardsen Eiendom. Revenue 794.8k NOK → 811.4k NOK (+2.1%). Equity -671.3k NOK → -944.0k 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/S Edvardsen Eiendom.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 794.8k NOK to 811.4k NOK (+2.1% YoY). Calculated
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↑
Operating result improved
Operating result +309.1k NOK → +357.2k NOK (op. margin 38.9% → 44.0%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -671.3k NOK → -944.0k NOK (equity ratio -9.9% → -14.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -14.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation