A SØLVBERG EIGEDOM AS: årsregnskap 1998 vs 1997
Shrank 84% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A SØLVBERG EIGEDOM AS. Revenue 971.2k NOK → 157.0k NOK (-83.8%). Equity 595.2k NOK → 52.0k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A SØLVBERG EIGEDOM AS.
At a glance
Scorecard
Revenue
971.2k NOK
157.0k NOK
-83.8%
Operating result
+609.3k NOK
+731.1k NOK
+20.0%
Equity
595.2k NOK
52.0k NOK
-91.3%
Total assets
5.95m NOK
8.15m NOK
+36.9%
What improved
-
↑
Operating result improved
Operating result +609.3k NOK → +731.1k NOK (op. margin 62.7% → 465.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 971.2k NOK to 157.0k NOK (-83.8% YoY). Calculated
-
↓
Equity eroded
Book equity 595.2k NOK → 52.0k NOK (equity ratio 10.0% → 0.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation