ABSOLUTE BAR AS: årsregnskap 1998 vs 1997
Shrank 21% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ABSOLUTE BAR AS. Revenue 4.21m NOK → 3.31m NOK (-21.4%). Equity 388.0k NOK → 238.4k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
4.21m NOK
3.31m NOK
-21.4%
Operating result
+323.8k NOK
+141.9k NOK
-56.2%
Net result
n/m
+534 NOK
—
Equity
388.0k NOK
238.4k NOK
-38.6%
Cash
n/m
83.5k NOK
—
Total assets
80.8k NOK
648.0k NOK
+701.7%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.21m NOK to 3.31m NOK (-21.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +323.8k NOK → +141.9k NOK (op. margin 7.7% → 4.3%). Calculated
-
↓
Equity eroded
Book equity 388.0k NOK → 238.4k NOK (equity ratio 480.1% → 36.8%). Calculated