A E TUFTE AS: årsregnskap 1998 vs 1997
Shrank 13% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A E TUFTE AS. Revenue 426.2k NOK → 371.5k NOK (-12.8%). Equity 4.40m NOK → 4.11m NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A E TUFTE AS.
At a glance
Scorecard
Revenue
426.2k NOK
371.5k NOK
-12.8%
Operating result
+125.9k NOK
+66.2k NOK
-47.4%
Net result
n/m
-69.0k NOK
—
Equity
4.40m NOK
4.11m NOK
-6.6%
Cash
n/m
1.07m NOK
—
Total assets
5.81m NOK
5.45m NOK
-6.2%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 426.2k NOK to 371.5k NOK (-12.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +125.9k NOK → +66.2k NOK (op. margin 29.5% → 17.8%). Calculated
-
↓
Equity eroded
Book equity 4.40m NOK → 4.11m NOK (equity ratio 75.8% → 75.5%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 395.4k NOK → 1.39m NOK. Reported fact