3D-ELEKTROSENTER AS: årsregnskap 1997 vs 1996
Stronger earnings
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for 3D-ELEKTROSENTER AS. Revenue 24.41m NOK → 24.62m NOK (+0.9%). Net result +368.2k NOK → +831.0k NOK. Equity 917.0k NOK → 748.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3D-ELEKTROSENTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 24.41m NOK to 24.62m NOK (+0.9% YoY). Calculated
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↑
Operating result improved
Operating result +536.3k NOK → +766.6k NOK (op. margin 2.2% → 3.1%). Calculated
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↑
Net result improved
Net result +368.2k NOK → +831.0k NOK (net margin 1.5% → 3.4%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 917.0k NOK → 748.0k NOK (equity ratio 13.0% → 9.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation