AGENTURHUSET SALG AS: årsregnskap 1998 vs 1997
Stronger earnings
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for AGENTURHUSET SALG AS. Revenue 15.37m NOK → 15.71m NOK (+2.2%). Net result +212.0k NOK → +315.9k NOK. Equity 759.4k NOK → 159.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AGENTURHUSET SALG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 15.37m NOK to 15.71m NOK (+2.2% YoY). Calculated
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↑
Operating result improved
Operating result +156.3k NOK → +879.9k NOK (op. margin 1.0% → 5.6%). Calculated
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↑
Net result improved
Net result +212.0k NOK → +315.9k NOK (net margin 1.4% → 2.0%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.95× → 1.08×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 759.4k NOK → 159.3k NOK (equity ratio 11.9% → 2.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 10.21m NOK → 10.39m NOK (+1.8% YoY). Calculated