A O GREVSTAD EIENDOM AS: årsregnskap 1997 vs 1996
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for A O GREVSTAD EIENDOM AS. Revenue 2.14m NOK → 2.24m NOK (+4.7%). Equity 7.02m NOK → 6.90m NOK.
On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: equity eroded.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
2.14m NOK
2.24m NOK
+4.7%
Operating result
+564.7k NOK
+623.4k NOK
+10.4%
Equity
7.02m NOK
6.90m NOK
-1.7%
Total assets
7.88m NOK
7.88m NOK
+0.1%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.14m NOK to 2.24m NOK (+4.7% YoY). Calculated
-
↑
Operating result improved
Operating result +564.7k NOK → +623.4k NOK (op. margin 26.4% → 27.9%). Calculated
-
↑
Payroll decreased
Salary cost 891.4k NOK → 755.5k NOK (42% → 34% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 7.02m NOK → 6.90m NOK (equity ratio 89.1% → 87.5%). Calculated