AGUSTA EIENDOM AS: årsregnskap 1998 vs 1997
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for AGUSTA EIENDOM AS. Equity 72.8k NOK → 65.2k NOK.
On the constructive side: 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 AGUSTA EIENDOM AS.
At a glance
Scorecard
Revenue
n/m
65.0k NOK
—
Operating result
+46.6k NOK
+62.0k NOK
+33.2%
Equity
72.8k NOK
65.2k NOK
-10.5%
Total assets
646.6k NOK
707.8k NOK
+9.5%
What improved
-
↑
Operating result improved
Operating result +46.6k NOK → +62.0k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 72.8k NOK → 65.2k NOK (equity ratio 11.3% → 9.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.75× → 0.09× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 9.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation