ABI EIENDOMSDRIFT AS: årsregnskap 1997 vs 1996
Shrank 18% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for ABI EIENDOMSDRIFT AS. Revenue 9.68m NOK → 7.89m NOK (-18.5%). Equity 748.9k NOK → 85.8k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABI EIENDOMSDRIFT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +221.8k NOK → +618.5k NOK (op. margin 2.3% → 7.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 9.68m NOK to 7.89m NOK (-18.5% YoY). Calculated
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↓
Equity eroded
Book equity 748.9k NOK → 85.8k NOK (equity ratio 29.5% → 3.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.31× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation