AKERSHUS REKLAME TEAM AS: årsregnskap 1997 vs 1996
Grew 5% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for AKERSHUS REKLAME TEAM AS. Revenue 5.48m NOK → 5.78m NOK (+5.4%). Equity 569.3k NOK → 4 569 NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSHUS REKLAME TEAM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.48m NOK to 5.78m NOK (+5.4% YoY). Calculated
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↑
Operating result improved
Operating result +325.4k NOK → +531.5k NOK (op. margin 5.9% → 9.2%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 569.3k NOK → 4 569 NOK (equity ratio 24.2% → 0.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.63× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation