Org.nr 952 169 483 1997 → 1998 Year-over-year analysis

AGS IT-PARTNER AS: årsregnskap 1998 vs 1997

Mixed movements in the accounts

Summary

What changed

Comparing Årsregnskap 1998 with 1997 for AGS IT-PARTNER AS. Revenue 22.62m NOK → 22.38m NOK (-1.1%). Equity 922.6k NOK → 4 353 NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGS IT-PARTNER AS.

At a glance

Revenue

22.62m NOK 22.38m NOK

-1.1%

Operating result

+693.6k NOK +673.5k NOK

-2.9%

Equity

922.6k NOK 4 353 NOK

-99.5%

Total assets

5.36m NOK 6.45m NOK

+20.3%

↓
Revenue fell

Operating income / revenue moved from 22.62m NOK to 22.38m NOK (-1.1% YoY). Calculated
↓
Operating result weakened

Operating result +693.6k NOK → +673.5k NOK (op. margin 3.1% → 3.0%). Calculated
↓
Equity eroded

Book equity 922.6k NOK → 4 353 NOK (equity ratio 17.2% → 0.1%). Calculated

·
Thin equity buffer

Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 12.30m NOK → 12.16m NOK (-1.2% YoY). Calculated