AJA FORVALTNING AS: årsregnskap 1998 vs 1997
Shrank 11% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for AJA FORVALTNING AS. Revenue 4.98m NOK → 4.44m NOK (-10.8%). Net result +154.0k NOK → -1 919 NOK. Equity 116.9k NOK → 114.9k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 4.98m NOK to 4.44m NOK (-10.8% YoY). Calculated
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↓
Operating result weakened
Operating result +276.6k NOK → +39.8k NOK (op. margin 5.6% → 0.9%). Calculated
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Fell into a net loss
Net result flipped from 154.0k NOK profit to a loss of 1 919 NOK. Calculated
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Equity eroded
Book equity 116.9k NOK → 114.9k NOK (equity ratio 9.6% → 10.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 10.22× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated