A STAKE AS: årsregnskap 1998 vs 1997
Grew 27% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A STAKE AS. Revenue 1.95m NOK → 2.48m NOK (+27.4%). Equity 257.7k NOK → 117.4k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A STAKE AS.
At a glance
Scorecard
Revenue
1.95m NOK
2.48m NOK
+27.4%
Operating result
+122.9k NOK
+139.8k NOK
+13.7%
Net result
n/m
+11 NOK
—
Equity
257.7k NOK
117.4k NOK
-54.5%
Total assets
1.27m NOK
1.29m NOK
+1.9%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.95m NOK to 2.48m NOK (+27.4% YoY). Calculated
-
↑
Operating result improved
Operating result +122.9k NOK → +139.8k NOK (op. margin 6.3% → 5.6%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 257.7k NOK → 117.4k NOK (equity ratio 20.3% → 9.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 9.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation