Org.nr 876 269 902 1997 → 1998 Year-over-year analysis

ADOKS EIENDOM AS: årsregnskap 1998 vs 1997

Stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 1998 with 1997 for ADOKS EIENDOM AS. Revenue 0 NOK → -670.0k NOK. Net result +111.8k NOK → +3.08m NOK. Equity 80.1k NOK → -2.97m NOK.

On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.

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

Scorecard

Revenue
0 NOK -670.0k NOK
—
Operating result
+9 501 NOK -515.2k NOK
-5522.7%
Net result
+111.8k NOK +3.08m NOK
+2655.8%
Equity
80.1k NOK -2.97m NOK
-3807.0%
Cash
n/m 317.3k NOK
—
Total assets
6.11m NOK 12.82m NOK
+109.7%

What improved

  • ↑

    Net result improved

    Net result +111.8k NOK → +3.08m NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 0 NOK to -670.0k NOK. Calculated

  • ↓

    Operating result weakened

    Operating result +9 501 NOK → -515.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 80.1k NOK → -2.97m NOK (equity ratio 1.3% → -23.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -23.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation