ADLERS BILFORMIDLING AS: årsregnskap 1998 vs 1997
Shrank 96% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ADLERS BILFORMIDLING AS. Revenue 808.4k NOK → 34.9k NOK (-95.7%). Equity 95.8k NOK → 81.4k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
808.4k NOK
34.9k NOK
-95.7%
Operating result
+14.9k NOK
+1 677 NOK
-88.7%
Net result
+2 254 NOK
n/m
—
Equity
95.8k NOK
81.4k NOK
-15.0%
Total assets
304.4k NOK
271.6k NOK
-10.8%
What improved
-
↑
Current ratio back above 1×
Current ratio 0.88× → 1.23×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 808.4k NOK to 34.9k NOK (-95.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +14.9k NOK → +1 677 NOK (op. margin 1.8% → 4.8%). Calculated
-
↓
Equity eroded
Book equity 95.8k NOK → 81.4k NOK (equity ratio 31.5% → 30.0%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 317.5k NOK → 394.8k NOK (39% → 1131% of revenue). Calculated