ADMIN AS: årsregnskap 1998 vs 1997
Another loss-making year
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ADMIN AS. Equity 407.7k NOK → 419.6k NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
n/m
-5.40m NOK
—
Operating result
+547.9k NOK
+115.0k NOK
-79.0%
Net result
n/m
-11.9k NOK
—
Equity
407.7k NOK
419.6k NOK
+2.9%
Cash
n/m
525.5k NOK
—
Total assets
1.52m NOK
2.40m NOK
+58.3%
What improved
-
↑
Equity strengthened
Book equity 407.7k NOK → 419.6k NOK (equity ratio 26.9% → 17.5%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +547.9k NOK → +115.0k NOK. Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.06× → 0.64× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated