ABAKUS NORGE AS: årsregnskap 1998 vs 1997
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ABAKUS NORGE AS. Equity 18.8k NOK → 2 709 NOK.
Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABAKUS NORGE AS.
At a glance
Scorecard
Revenue
n/m
49.9k NOK
—
Operating result
+41.9k NOK
+20.6k NOK
-50.9%
Equity
18.8k NOK
2 709 NOK
-85.6%
Total assets
48.9k NOK
63.3k NOK
+29.5%
What deteriorated
-
↓
Operating result weakened
Operating result +41.9k NOK → +20.6k NOK. Calculated
-
↓
Equity eroded
Book equity 18.8k NOK → 2 709 NOK (equity ratio 38.4% → 4.3%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.62× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 4.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation