ABSOR AS: årsregnskap 1998 vs 1997
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ABSOR AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 226.6k NOK → -238.9k NOK.
Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABSOR AS.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
+650.6k NOK
-12.3k NOK
-101.9%
Equity
226.6k NOK
-238.9k NOK
-205.4%
Cash
n/m
0 NOK
—
Total assets
0 NOK
38.5k NOK
—
What deteriorated
-
↓
Operating result weakened
Operating result +650.6k NOK → -12.3k NOK. Calculated
-
↓
Equity eroded
Book equity 226.6k NOK → -238.9k NOK. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -620.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation