ABO BYGG AS: årsregnskap 1997 vs 1996
Shrank 28% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for ABO BYGG AS. Revenue 3.09m NOK → 2.22m NOK (-28.2%). Equity 23.2k NOK → 7 207 NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABO BYGG AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +11.0k NOK → +112.7k NOK (op. margin 0.4% → 5.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.09m NOK to 2.22m NOK (-28.2% YoY). Calculated
-
↓
Equity eroded
Book equity 23.2k NOK → 7 207 NOK (equity ratio 2.6% → 0.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.34× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation