A/S Stortorvet 5: årsregnskap 1998 vs 1997
A steady year on the published lines
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A/S Stortorvet 5. Equity 999.9k NOK → 829.9k NOK.
Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
n/m
1.03m NOK
—
Operating result
+779.7k NOK
+710.5k NOK
-8.9%
Net result
n/m
+530.0k NOK
—
Equity
999.9k NOK
829.9k NOK
-17.0%
Total assets
2.94m NOK
2.78m NOK
-5.5%
What deteriorated
-
↓
Operating result weakened
Operating result +779.7k NOK → +710.5k NOK. Calculated
-
↓
Equity eroded
Book equity 999.9k NOK → 829.9k NOK (equity ratio 34.0% → 29.8%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.21× → 0.12× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated