ACO NORWAY AS: årsregnskap 1998 vs 1997
Grew 126075% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ACO NORWAY AS. Revenue 4 995 NOK → 6.30m NOK (+126074.8%). Equity 3.36m NOK → -6.26m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACO NORWAY AS.
At a glance
Scorecard
Revenue
4 995 NOK
6.30m NOK
+126074.8%
Operating result
+3.42m NOK
-1.61m NOK
-147.1%
Net result
n/m
-1.56m NOK
—
Equity
3.36m NOK
-6.26m NOK
-286.4%
Total assets
3 404 NOK
4.70m NOK
+137862.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4 995 NOK to 6.30m NOK (+126074.8% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +3.42m NOK → -1.61m NOK (op. margin 68557.5% → -25.6%). Calculated
-
↓
Equity eroded
Book equity 3.36m NOK → -6.26m NOK (equity ratio 98668.6% → -133.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -133.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation