Org.nr 936 869 335 1996 → 1997 Year-over-year analysis

ABILIA AS: årsregnskap 1997 vs 1996

Stronger earnings

Summary

What changed

Comparing Årsregnskap 1997 with 1996 for ABILIA AS. Net result +90.3k NOK → +126.0k NOK. Equity -2.93m NOK → -4.19m NOK.

On the constructive side: net result improved. 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 ABILIA AS.

At a glance

Revenue

n/m -13.21m NOK

—

Operating result

-1.03m NOK -1.33m NOK

-29.1%

Net result

+90.3k NOK +126.0k NOK

+39.6%

Equity

-2.93m NOK -4.19m NOK

-43.1%

Total assets

5.14m NOK 6.28m NOK

+22.1%

↓
Operating result weakened

Operating result -1.03m NOK → -1.33m NOK. Calculated
↓
Equity eroded

Book equity -2.93m NOK → -4.19m NOK (equity ratio -56.9% → -66.6%). Calculated
↓
Current ratio dropped below 1×

Current ratio 2.65× → -2.73× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is -66.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation