ABLE PRODUCTS AS: årsregnskap 1998 vs 1997
Shrank 100% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ABLE PRODUCTS AS. Revenue 22.3k NOK → 0 NOK (-100.0%). Equity 203.6k NOK → 94.4k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
22.3k NOK
0 NOK
-100.0%
Operating result
+1 174 NOK
-111.7k NOK
-9616.4%
Equity
203.6k NOK
94.4k NOK
-53.6%
Total assets
283.3k NOK
170.4k NOK
-39.9%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 22.3k NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +1 174 NOK → -111.7k NOK. Calculated
-
↓
Equity eroded
Book equity 203.6k NOK → 94.4k NOK (equity ratio 71.9% → 55.4%). Calculated