Org.nr 963 641 664 1996 → 1997 Year-over-year analysis

ADJUNKT ARENTZG 4 B AS: årsregnskap 1997 vs 1996

Shrank 12% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 1997 with 1996 for ADJUNKT ARENTZG 4 B AS. Revenue 181.8k NOK → 159.2k NOK (-12.4%). Equity 236.4k NOK → 59 NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADJUNKT ARENTZG 4 B AS.

Scorecard

Revenue
181.8k NOK 159.2k NOK
-12.4%
Operating result
+105.7k NOK +99.2k NOK
-6.1%
Equity
236.4k NOK 59 NOK
-100.0%
Total assets
760.9k NOK 700.3k NOK
-8.0%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.04× → 20.80×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 181.8k NOK to 159.2k NOK (-12.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +105.7k NOK → +99.2k NOK (op. margin 58.1% → 62.3%). Calculated

  • ↓

    Equity eroded

    Book equity 236.4k NOK → 59 NOK (equity ratio 31.1% → 0.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 0 NOK → 15.1k NOK (0% → 9% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation