A/S KATRO: årsregnskap 1998 vs 1997
Shrank 49% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A/S KATRO. Revenue 572.1k NOK → 293.9k NOK (-48.6%). Equity 19.7k NOK → 9 589 NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S KATRO.
At a glance
Scorecard
Revenue
572.1k NOK
293.9k NOK
-48.6%
Operating result
+28.5k NOK
+5 795 NOK
-79.6%
Equity
19.7k NOK
9 589 NOK
-51.3%
Total assets
221.5k NOK
166.8k NOK
-24.7%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 572.1k NOK to 293.9k NOK (-48.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +28.5k NOK → +5 795 NOK (op. margin 5.0% → 2.0%). Calculated
-
↓
Equity eroded
Book equity 19.7k NOK → 9 589 NOK (equity ratio 8.9% → 5.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation