FirmaIQ
Org.nr 936 036 902 1997 → 1998 Year-over-year analysis

AGNEFESTVEIEN 4 AS: årsregnskap 1998 vs 1997

Shrank 8% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1998 with 1997 for AGNEFESTVEIEN 4 AS. Revenue 599.7k NOK → 549.8k NOK (-8.3%). Net result +211.6k NOK → +1 998 NOK. Equity 104.1k NOK → 152.3k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGNEFESTVEIEN 4 AS.

At a glance

Scorecard

Revenue
599.7k NOK 549.8k NOK
-8.3%
Operating result
+426.2k NOK +372.6k NOK
-12.6%
Net result
+211.6k NOK +1 998 NOK
-99.1%
Equity
104.1k NOK 152.3k NOK
+46.3%
Total assets
2.85m NOK 5.76m NOK
+101.9%

What improved

  • ↑

    Equity strengthened

    Book equity 104.1k NOK → 152.3k NOK (equity ratio 3.6% → 2.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 6 974 NOK → 0 NOK (1% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 599.7k NOK to 549.8k NOK (-8.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +426.2k NOK → +372.6k NOK (op. margin 71.1% → 67.8%). Calculated

  • ↓

    Net result weakened

    Net result +211.6k NOK → +1 998 NOK (net margin 35.3% → 0.4%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.49× → 0.50× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation