A/S KATRO: årsregnskap 1997 vs 1996
Shrank 24% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for A/S KATRO. Revenue 756.4k NOK → 572.1k NOK (-24.4%). Equity 36.7k NOK → 19.7k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
756.4k NOK
572.1k NOK
-24.4%
Operating result
+15.2k NOK
+28.5k NOK
+87.0%
Equity
36.7k NOK
19.7k NOK
-46.4%
Total assets
424.0k NOK
221.5k NOK
-47.8%
What improved
-
↑
Operating result improved
Operating result +15.2k NOK → +28.5k NOK (op. margin 2.0% → 5.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 756.4k NOK to 572.1k NOK (-24.4% YoY). Calculated
-
↓
Equity eroded
Book equity 36.7k NOK → 19.7k NOK (equity ratio 8.7% → 8.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.11× → 0.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated