AGRO BYGG & TEKNIKK AS: årsregnskap 1998 vs 1997
Grew 9% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for AGRO BYGG & TEKNIKK AS. Revenue 3.54m NOK → 3.85m NOK (+8.7%). Equity 183.1k NOK → 364.5k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGRO BYGG & TEKNIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.54m NOK to 3.85m NOK (+8.7% YoY). Calculated
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↑
Operating result improved
Operating result +230.0k NOK → +240.0k NOK (op. margin 6.5% → 6.2%). Calculated
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↑
Equity strengthened
Book equity 183.1k NOK → 364.5k NOK (equity ratio 1314.0% → 8.8%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.20× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation