A-PLAST AS: årsregnskap 1998 vs 1997
Grew 9% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A-PLAST AS. Revenue 4.60m NOK → 5.01m NOK (+9.0%). Equity 850.4k NOK → 28.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A-PLAST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.60m NOK to 5.01m NOK (+9.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +456.6k NOK → +208.2k NOK (op. margin 9.9% → 4.2%). Calculated
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↓
Equity eroded
Book equity 850.4k NOK → 28.3k NOK (equity ratio 39.1% → 1.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.19m NOK → 1.38m NOK (26% → 28% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.77m NOK → 2.12m NOK (+19.4% YoY). Calculated