A KARLSEN & SØNN AS: årsregnskap 1998 vs 1997
Shrank 30% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A KARLSEN & SØNN AS. Revenue 1.97m NOK → 1.39m NOK (-29.6%). Net result +47.9k NOK → +105.3k NOK. Equity 170.0k NOK → 64.8k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
1.97m NOK
1.39m NOK
-29.6%
Operating result
+52.7k NOK
+103.3k NOK
+95.8%
Net result
+47.9k NOK
+105.3k NOK
+119.8%
Equity
170.0k NOK
64.8k NOK
-61.9%
Total assets
530.7k NOK
301.4k NOK
-43.2%
What improved
-
↑
Operating result improved
Operating result +52.7k NOK → +103.3k NOK (op. margin 2.7% → 7.4%). Calculated
-
↑
Net result improved
Net result +47.9k NOK → +105.3k NOK (net margin 2.4% → 7.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.97m NOK to 1.39m NOK (-29.6% YoY). Calculated
-
↓
Equity eroded
Book equity 170.0k NOK → 64.8k NOK (equity ratio 32.0% → 21.5%). Calculated