A SKAUG TRANSPORT AS: årsregnskap 1997 vs 1996
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for A SKAUG TRANSPORT AS. Equity 512.7k NOK → 211.4k NOK.
Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A SKAUG TRANSPORT AS.
At a glance
Scorecard
Revenue
n/m
3.71m NOK
—
Operating result
+516.5k NOK
+301.2k NOK
-41.7%
Equity
512.7k NOK
211.4k NOK
-58.8%
Total assets
3.34m NOK
5.22m NOK
+56.4%
What deteriorated
-
↓
Operating result weakened
Operating result +516.5k NOK → +301.2k NOK. Calculated
-
↓
Equity eroded
Book equity 512.7k NOK → 211.4k NOK (equity ratio 15.4% → 4.1%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.53× → 0.57× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 4.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation