A.C.E FASHIONSTORE AS: årsregnskap 1998 vs 1997
Grew 31% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A.C.E FASHIONSTORE AS. Revenue 1.43m NOK → 1.87m NOK (+30.7%). Equity 97.8k NOK → 143.9k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.C.E FASHIONSTORE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.43m NOK to 1.87m NOK (+30.7% YoY). Calculated
-
↑
Equity strengthened
Book equity 97.8k NOK → 143.9k NOK (equity ratio 21.4% → 28.8%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.99× → 1.33×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +89.1k NOK → +81.9k NOK (op. margin 6.2% → 4.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 852.4k NOK → 416.1k NOK (-51.2% YoY). Calculated