AGM AS: årsregnskap 1998 vs 1997
Shrank 99% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for AGM AS. Revenue 4.98m NOK → 28.1k NOK (-99.4%). Equity 4.16m NOK → 3.62m NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGM AS.
At a glance
Scorecard
Revenue
4.98m NOK
28.1k NOK
-99.4%
Operating result
+4.68m NOK
-197.9k NOK
-104.2%
Equity
4.16m NOK
3.62m NOK
-12.9%
Total assets
6.90m NOK
5.05m NOK
-26.9%
What improved
-
↑
Current ratio back above 1×
Current ratio 0.44× → 3.51×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.98m NOK to 28.1k NOK (-99.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +4.68m NOK → -197.9k NOK (op. margin 94.0% → -703.8%). Calculated
-
↓
Equity eroded
Book equity 4.16m NOK → 3.62m NOK (equity ratio 60.2% → 71.8%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 4.97m NOK → 0 NOK. Reported fact