ABILITY FM AS: årsregnskap 1998 vs 1997
Grew 50% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ABILITY FM AS. Revenue 5.87m NOK → 8.81m NOK (+50.2%). Equity 50.9k NOK → 258.7k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABILITY FM AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 5.87m NOK to 8.81m NOK (+50.2% YoY). Calculated
-
↑
Operating result improved
Operating result +291.2k NOK → +684.6k NOK (op. margin 5.0% → 7.8%). Calculated
-
↑
Equity strengthened
Book equity 50.9k NOK → 258.7k NOK (equity ratio 2.5% → 10.0%). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 3.98× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 4.19m NOK → 5.98m NOK (71% → 68% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 410.2k NOK → 618.4k NOK (+50.8% YoY). Calculated