ABILIA AS: årsregnskap 1998 vs 1997
Shrank 30% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ABILIA AS. Revenue -13.21m NOK → -17.15m NOK (-29.8%). Net result +126.0k NOK → +126 NOK. Equity -4.19m NOK → -5.80m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABILIA AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from -13.21m NOK to -17.15m NOK (-29.8% YoY). Calculated
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↓
Operating result weakened
Operating result -1.33m NOK → -1.68m NOK (op. margin 10.0% → 9.8%). Calculated
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↓
Net result weakened
Net result +126.0k NOK → +126 NOK (net margin -1.0% → -0.0%). Calculated
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↓
Equity eroded
Book equity -4.19m NOK → -5.80m NOK (equity ratio -66.6% → -66.7%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -66.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation