ACM HOLDING AS: årsregnskap 1998 vs 1997
Shrank 65% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ACM HOLDING AS. Revenue 276.6k NOK → 95.8k NOK (-65.4%). Net result +60.6k NOK → -43.5k NOK. Equity 9 877 NOK → -33.6k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACM HOLDING AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 276.6k NOK to 95.8k NOK (-65.4% YoY). Calculated
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Operating result weakened
Operating result +68.2k NOK → -36.6k NOK (op. margin 24.7% → -38.2%). Calculated
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Fell into a net loss
Net result flipped from 60.6k NOK profit to a loss of 43.5k NOK. Calculated
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Equity eroded
Book equity 9 877 NOK → -33.6k NOK (equity ratio 11.6% → -68.9%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -68.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation