Org.nr 971 067 349 1996 → 1997 Year-over-year analysis

A.C.E FASHIONSTORE AS: årsregnskap 1997 vs 1996

Mixed movements in the accounts

Summary

What changed

Comparing Årsregnskap 1997 with 1996 for A.C.E FASHIONSTORE AS. Revenue 1.41m NOK → 1.43m NOK (+1.6%). Equity 72.2k NOK → 97.8k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.C.E FASHIONSTORE AS.

At a glance

Revenue

1.41m NOK 1.43m NOK

+1.6%

Operating result

+46.3k NOK +89.1k NOK

+92.5%

Equity

72.2k NOK 97.8k NOK

+35.6%

Total assets

201.7k NOK 457.6k NOK

+126.9%

↑
Revenue rose

Operating income / revenue moved from 1.41m NOK to 1.43m NOK (+1.6% YoY). Calculated
↑
Operating result improved

Operating result +46.3k NOK → +89.1k NOK (op. margin 3.3% → 6.2%). Calculated
↑
Equity strengthened

Book equity 72.2k NOK → 97.8k NOK (equity ratio 35.8% → 21.4%). Calculated