ADVANCE BUSINESS PARTNER AS: årsregnskap 1998 vs 1997
Grew 2520% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ADVANCE BUSINESS PARTNER AS. Revenue 33.6k NOK → 880.3k NOK (+2519.9%). Equity 54.2k NOK → 35.0k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVANCE BUSINESS PARTNER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 33.6k NOK to 880.3k NOK (+2519.9% YoY). Calculated
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↑
Operating result improved
Operating result +4 410 NOK → +21.1k NOK (op. margin 13.1% → 2.4%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 54.2k NOK → 35.0k NOK (equity ratio 97.8% → 8.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation