AIR LIQUIDE NORWAY AS: årsregnskap 1998 vs 1997
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for AIR LIQUIDE NORWAY AS. Equity 223 NOK → -1 495 NOK.
Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIR LIQUIDE NORWAY AS.
At a glance
Scorecard
Revenue
n/m
826.3k NOK
—
Operating result
+279 NOK
-2 448 NOK
-977.4%
Equity
223 NOK
-1 495 NOK
-770.4%
Total assets
441 NOK
1 915 NOK
+334.2%
What deteriorated
-
↓
Operating result weakened
Operating result +279 NOK → -2 448 NOK. Calculated
-
↓
Equity eroded
Book equity 223 NOK → -1 495 NOK (equity ratio 50.6% → -78.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -78.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation