FirmaIQ
Org.nr 857 533 232 1996 → 1997 Year-over-year analysis

AGROTEKNIKK HANDEL IMPORT NORGE AS: årsregnskap 1997 vs 1996

Grew 14% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1997 with 1996 for AGROTEKNIKK HANDEL IMPORT NORGE AS. Revenue -11.80m NOK → -10.18m NOK (+13.7%). Equity 498.4k NOK → -1.14m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGROTEKNIKK HANDEL IMPORT NORGE AS.

At a glance

Scorecard

Revenue
-11.80m NOK -10.18m NOK
+13.7%
Operating result
-156.9k NOK +232.6k NOK
+248.2%
Equity
498.4k NOK -1.14m NOK
-329.2%
Total assets
4.85m NOK 2.93m NOK
-39.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from -11.80m NOK to -10.18m NOK (+13.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -156.9k NOK → +232.6k NOK (op. margin 1.3% → -2.3%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 498.4k NOK → -1.14m NOK (equity ratio 10.3% → -39.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.15× → 0.73× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -39.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation