A KARLSEN & SØNN AS: årsregnskap 1997 vs 1996
Grew 21% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for A KARLSEN & SØNN AS. Revenue 1.63m NOK → 1.97m NOK (+20.6%). Net result +33.7k NOK → +47.9k NOK. Equity 636.1k NOK → 170.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
1.63m NOK
1.97m NOK
+20.6%
Operating result
0 NOK
+52.7k NOK
—
Net result
+33.7k NOK
+47.9k NOK
+42.2%
Equity
636.1k NOK
170.0k NOK
-73.3%
Total assets
941.1k NOK
530.7k NOK
-43.6%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.63m NOK to 1.97m NOK (+20.6% YoY). Calculated
-
↑
Operating result improved
Operating result 0 NOK → +52.7k NOK (op. margin 0.0% → 2.7%). Calculated
-
↑
Net result improved
Net result +33.7k NOK → +47.9k NOK (net margin 2.1% → 2.4%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 636.1k NOK → 170.0k NOK (equity ratio 67.6% → 32.0%). Calculated