ADMINISTRATIV REGNSKAPSSERVICE AS: årsregnskap 1997 vs 1996
Shrank 55% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for ADMINISTRATIV REGNSKAPSSERVICE AS. Revenue 698.7k NOK → 313.9k NOK (-55.1%). Equity 3 452 NOK → 70.9k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
698.7k NOK
313.9k NOK
-55.1%
Operating result
+83.6k NOK
+82.0k NOK
-1.9%
Equity
3 452 NOK
70.9k NOK
+1954.5%
Total assets
152.48m NOK
343.2k NOK
-99.8%
What improved
-
↑
Equity strengthened
Book equity 3 452 NOK → 70.9k NOK (equity ratio 0.0% → 20.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 698.7k NOK to 313.9k NOK (-55.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +83.6k NOK → +82.0k NOK (op. margin 12.0% → 26.1%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.12× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated