ADLERS BILFORMIDLING AS: årsregnskap 1997 vs 1996
Grew 212% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for ADLERS BILFORMIDLING AS. Revenue -723.3k NOK → 808.4k NOK (+211.8%). Net result -31.2k NOK → +2 254 NOK. Equity 93.5k NOK → 95.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from -723.3k NOK to 808.4k NOK (+211.8% YoY). Calculated
-
↑
Operating result improved
Operating result -60.9k NOK → +14.9k NOK (op. margin 8.4% → 1.8%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 31.2k NOK to a profit of 2 254 NOK. Calculated
-
↑
Equity strengthened
Book equity 93.5k NOK → 95.8k NOK (equity ratio 30.5% → 31.5%). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.11× → 0.88× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated