FirmaIQ
Org.nr 975 944 484 1997 → 1998 Year-over-year analysis

ADOKS AS: årsregnskap 1998 vs 1997

Shrank 629% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1998 with 1997 for ADOKS AS. Revenue 588.9k NOK → -3.12m NOK (-629.2%). Net result +24.7k NOK → 0 NOK. Equity 164.2k NOK → -1.93m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADOKS AS.

At a glance

Scorecard

Revenue
588.9k NOK -3.12m NOK
-629.2%
Operating result
+622.6k NOK -1.15m NOK
-284.0%
Net result
+24.7k NOK 0 NOK
-100.0%
Equity
164.2k NOK -1.93m NOK
-1277.0%
Total assets
9.35m NOK 10.96m NOK
+17.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 588.9k NOK to -3.12m NOK (-629.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +622.6k NOK → -1.15m NOK (op. margin 105.7% → 36.8%). Calculated

  • ↓

    Net result weakened

    Net result +24.7k NOK → 0 NOK (net margin 4.2% → -0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 164.2k NOK → -1.93m NOK (equity ratio 1.8% → -17.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.76× → -10.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -17.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation