AGRAF AS: årsregnskap 1998 vs 1997
Grew 152% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for AGRAF AS. Revenue 2.04m NOK → 5.14m NOK (+151.9%). Equity 156.3k NOK → 181.3k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGRAF AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.04m NOK to 5.14m NOK (+151.9% YoY). Calculated
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↑
Operating result improved
Operating result -68.3k NOK → +63.6k NOK (op. margin -3.3% → 1.2%). Calculated
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↑
Equity strengthened
Book equity 156.3k NOK → 181.3k NOK (equity ratio 31.3% → 1242.5%). Calculated
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↑
Payroll decreased
Salary cost 968.1k NOK → 44.0k NOK (47% → 1% of revenue). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.14× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 297.4k NOK → 904.0k NOK (+204.0% YoY). Calculated