Abacus Consult AS: årsregnskap 1998 vs 1997
A steady year on the published lines
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for Abacus Consult AS. Equity 2.31m NOK → -1.29m NOK.
Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for Abacus Consult AS.
At a glance
Scorecard
Operating result
+1.68m NOK
n/m
—
Net result
n/m
+75.6k NOK
—
Equity
2.31m NOK
-1.29m NOK
-156.1%
Cash
n/m
129.0k NOK
—
Total assets
4.58m NOK
584.1k NOK
-87.2%
What deteriorated
-
↓
Equity eroded
Book equity 2.31m NOK → -1.29m NOK (equity ratio 50.3% → -221.5%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.76× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -221.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation