AKERSHUS MOTOR AS: årsregnskap 1997 vs 1996
Grew 8% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for AKERSHUS MOTOR AS. Revenue 24.43m NOK → 26.34m NOK (+7.8%). Equity 774.6k NOK → 75.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSHUS MOTOR AS.
At a glance
Scorecard
Revenue
24.43m NOK
26.34m NOK
+7.8%
Operating result
+635.1k NOK
+52.5k NOK
-91.7%
Equity
774.6k NOK
75.6k NOK
-90.2%
Total assets
2.33m NOK
2.71m NOK
+16.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 24.43m NOK to 26.34m NOK (+7.8% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +635.1k NOK → +52.5k NOK (op. margin 2.6% → 0.2%). Calculated
-
↓
Equity eroded
Book equity 774.6k NOK → 75.6k NOK (equity ratio 33.2% → 2.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation