ADJUNKT ARENTZG 4 B AS: årsregnskap 1998 vs 1997
Shrank 15% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ADJUNKT ARENTZG 4 B AS. Revenue 159.2k NOK → 135.5k NOK (-14.9%). Equity 59 NOK → 263.6k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +99.2k NOK → +116.5k NOK (op. margin 62.3% → 86.0%). Calculated
-
↑
Equity strengthened
Book equity 59 NOK → 263.6k NOK (equity ratio 0.0% → 37.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 159.2k NOK to 135.5k NOK (-14.9% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 20.80× → 0.17× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 15.1k NOK → 30.0k NOK (9% → 22% of revenue). Calculated