A T KEARNEY AS: årsregnskap 1997 vs 1996
Grew 57% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for A T KEARNEY AS. Revenue 65.71m NOK → 102.89m NOK (+56.6%). Net result -2.89m NOK → +8.44m NOK. Equity -8.69m NOK → -833.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A T KEARNEY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 65.71m NOK to 102.89m NOK (+56.6% YoY). Calculated
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Operating result improved
Operating result -2.75m NOK → +8.49m NOK (op. margin -4.2% → 8.3%). Calculated
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Turned profitable
Net result flipped from a loss of 2.89m NOK to a profit of 8.44m NOK. Calculated
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Equity strengthened
Book equity -8.69m NOK → -833.8k NOK. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation