ABK-QVILLER AS: årsregnskap 1998 vs 1997
Grew 29% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ABK-QVILLER AS. Revenue 7.54m NOK → 9.74m NOK (+29.2%). Equity 344.5k NOK → 457.1k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABK-QVILLER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.54m NOK to 9.74m NOK (+29.2% YoY). Calculated
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↑
Operating result improved
Operating result +453.5k NOK → +522.0k NOK (op. margin 6.0% → 5.4%). Calculated
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↑
Equity strengthened
Book equity 344.5k NOK → 457.1k NOK (equity ratio 14.5% → 10.0%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 2.37× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 4.38m NOK → 5.79m NOK (+32.2% YoY). Calculated