ADLER AS: årsregnskap 1997 vs 1996
Grew 9% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for ADLER AS. Revenue 33.36m NOK → 36.21m NOK (+8.5%). Equity 2.30m NOK → 2.31m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADLER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 33.36m NOK to 36.21m NOK (+8.5% YoY). Calculated
-
↑
Equity strengthened
Book equity 2.30m NOK → 2.31m NOK (equity ratio 15.0% → 685.5%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.83m NOK → +755.0k NOK (op. margin 5.5% → 2.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.38× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 5.68m NOK → 7.96m NOK (17% → 22% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 21.44m NOK → 22.83m NOK (+6.5% YoY). Calculated