A ULVESETH AS: årsregnskap 1998 vs 1997
Slipped into loss
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A ULVESETH AS. Net result +621.4k NOK → -549.1k NOK. Equity -1.68m NOK → -2.03m NOK.
Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A ULVESETH AS.
At a glance
Scorecard
Revenue
n/m
-38.79m NOK
—
Operating result
+49.9k NOK
-801.5k NOK
-1707.0%
Net result
+621.4k NOK
-549.1k NOK
-188.4%
Equity
-1.68m NOK
-2.03m NOK
-20.8%
Cash
n/m
2.39m NOK
—
Total assets
6.80m NOK
8.14m NOK
+19.7%
What deteriorated
-
↓
Operating result weakened
Operating result +49.9k NOK → -801.5k NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 621.4k NOK profit to a loss of 549.1k NOK. Calculated
-
↓
Equity eroded
Book equity -1.68m NOK → -2.03m NOK (equity ratio -24.7% → -24.9%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -24.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation