ABAS AS: årsregnskap 1997 vs 1996
A steady year on the published lines
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for ABAS AS. Net result +592.5k NOK → +645.8k NOK. Equity 713.2k NOK → 9 037 NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABAS AS.
At a glance
Scorecard
Operating result
+994.6k NOK
+990.4k NOK
-0.4%
Net result
+592.5k NOK
+645.8k NOK
+9.0%
Equity
713.2k NOK
9 037 NOK
-98.7%
Total assets
4.94m NOK
7.71m NOK
+56.0%
What improved
-
↑
Net result improved
Net result +592.5k NOK → +645.8k NOK. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +994.6k NOK → +990.4k NOK. Calculated
-
↓
Equity eroded
Book equity 713.2k NOK → 9 037 NOK (equity ratio 14.4% → 0.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation