AJA FORVALTNING AS: årsregnskap 1997 vs 1996
Grew 283093% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for AJA FORVALTNING AS. Revenue 1 758 NOK → 4.98m NOK (+283093.2%). Net result -29.1k NOK → +154.0k NOK. Equity 20.9k NOK → 116.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJA FORVALTNING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 758 NOK to 4.98m NOK (+283093.2% YoY). Calculated
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Operating result improved
Operating result +28.3k NOK → +276.6k NOK (op. margin 1610.1% → 5.6%). Calculated
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Turned profitable
Net result flipped from a loss of 29.1k NOK to a profit of 154.0k NOK. Calculated
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Equity strengthened
Book equity 20.9k NOK → 116.9k NOK (equity ratio 2078.2% → 9.6%). Calculated
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Current ratio back above 1×
Current ratio 0.00× → 10.22×. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 9.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation