AKERSGATEN 8 AS: årsregnskap 1997 vs 1996
Shrank 22% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for AKERSGATEN 8 AS. Revenue 3.26m NOK → 2.53m NOK (-22.2%). Equity -293.7k NOK → -4.29m NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSGATEN 8 AS.
At a glance
Scorecard
Revenue
3.26m NOK
2.53m NOK
-22.2%
Operating result
-4.19m NOK
-3.02m NOK
+27.8%
Equity
-293.7k NOK
-4.29m NOK
-1360.4%
Total assets
30.08m NOK
40.14m NOK
+33.4%
What improved
-
↑
Operating result improved
Operating result -4.19m NOK → -3.02m NOK (op. margin -128.6% → -119.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.26m NOK to 2.53m NOK (-22.2% YoY). Calculated
-
↓
Equity eroded
Book equity -293.7k NOK → -4.29m NOK (equity ratio -1.0% → -10.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -10.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation