ABILITY FM AS: årsregnskap 1997 vs 1996
Grew 31% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for ABILITY FM AS. Revenue 4.48m NOK → 5.87m NOK (+30.9%). Equity 79.5k NOK → 50.9k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABILITY FM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.48m NOK to 5.87m NOK (+30.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.25× → 3.98×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +393.0k NOK → +291.2k NOK (op. margin 8.8% → 5.0%). Calculated
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↓
Equity eroded
Book equity 79.5k NOK → 50.9k NOK (equity ratio 28.8% → 2.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 3.17m NOK → 4.19m NOK (71% → 71% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 261.6k NOK → 410.2k NOK (+56.8% YoY). Calculated