A/S Katfos Fabrikker: årsregnskap 1997 vs 1996
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for A/S Katfos Fabrikker. Equity 3.21m NOK → 4.13m NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Operating result
+1.32m NOK
+2.85m NOK
+115.9%
Equity
3.21m NOK
4.13m NOK
+28.7%
Total assets
24.35m NOK
31.47m NOK
+29.2%
What improved
-
↑
Operating result improved
Operating result +1.32m NOK → +2.85m NOK. Calculated
-
↑
Equity strengthened
Book equity 3.21m NOK → 4.13m NOK (equity ratio 13.2% → 13.1%). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 14.02× → 0.09× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated