FirmaIQ
Org.nr 954 975 290 1997 → 1998 Year-over-year analysis

ADVOKATFIRMAET OSCAR IHLEBÆK AS: årsregnskap 1998 vs 1997

Mixed movements in the accounts

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1998 with 1997 for ADVOKATFIRMAET OSCAR IHLEBÆK AS. Revenue 2.54m NOK → 2.51m NOK (-1.2%). Equity 821.5k NOK → 22.3k NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

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

At a glance

Scorecard

Revenue
2.54m NOK 2.51m NOK
-1.2%
Operating result
+90.1k NOK +1.09m NOK
+1115.1%
Equity
821.5k NOK 22.3k NOK
-97.3%
Total assets
2.61m NOK 2.87m NOK
+9.8%

What improved

  • ↑

    Operating result improved

    Operating result +90.1k NOK → +1.09m NOK (op. margin 3.5% → 43.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 684.8k NOK → 664.6k NOK (27% → 26% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.54m NOK to 2.51m NOK (-1.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 821.5k NOK → 22.3k NOK (equity ratio 31.5% → 0.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.95× → 0.68× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation