A/S Voldsminde VII: årsregnskap 1998 vs 1997
Grew 11% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A/S Voldsminde VII. Revenue 298.59bn NOK → 331.42bn NOK (+11.0%). Equity -687.0k NOK → -729.9k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Voldsminde VII.
At a glance
Scorecard
Revenue
298.59bn NOK
331.42bn NOK
+11.0%
Equity
-687.0k NOK
-729.9k NOK
-6.2%
Cash
n/m
231.6k NOK
—
Total assets
1.99m NOK
1.98m NOK
-0.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 298.59bn NOK to 331.42bn NOK (+11.0% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -687.0k NOK → -729.9k NOK (equity ratio -34.5% → -36.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -36.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation