A ENG AS: årsregnskap 1998 vs 1997
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A ENG AS. Revenue 1.45m NOK → 1.41m NOK (-2.6%). Equity 2.56m NOK → 4.74m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.45m NOK
1.41m NOK
-2.6%
Operating result
+496.4k NOK
+264.0k NOK
-46.8%
Equity
2.56m NOK
4.74m NOK
+85.5%
Total assets
5.00m NOK
7.38m NOK
+47.7%
What improved
-
↑
Equity strengthened
Book equity 2.56m NOK → 4.74m NOK (equity ratio 51.2% → 64.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.45m NOK to 1.41m NOK (-2.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +496.4k NOK → +264.0k NOK (op. margin 34.3% → 18.7%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 253.0k NOK → 322.0k NOK (17% → 23% of revenue). Calculated