Org.nr 976 813 332 1996 → 1997 Year-over-year analysis

24/7 EKSPRESS AS: årsregnskap 1997 vs 1996

Shrank 70% on revenue

Summary

What changed

Comparing Årsregnskap 1997 with 1996 for 24/7 EKSPRESS AS. Revenue 840.0k NOK → 253.6k NOK (-69.8%). Equity 241.7k NOK → 556.3k NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 24/7 EKSPRESS AS.

At a glance

Revenue

840.0k NOK 253.6k NOK

-69.8%

Operating result

+79.2k NOK +497.6k NOK

+528.5%

Equity

241.7k NOK 556.3k NOK

+130.1%

Total assets

1.09m NOK 1.45m NOK

+33.0%

↑
Operating result improved

Operating result +79.2k NOK → +497.6k NOK (op. margin 9.4% → 196.2%). Calculated
↑
Equity strengthened

Book equity 241.7k NOK → 556.3k NOK (equity ratio 22.1% → 38.3%). Calculated

↓
Revenue fell

Operating income / revenue moved from 840.0k NOK to 253.6k NOK (-69.8% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1 321 NOK → 488.6k NOK (0% → 193% of revenue). Calculated