Org.nr 946 156 493 1996 → 1997 Year-over-year analysis

A/S Ariel: årsregnskap 1997 vs 1996

Shrank 61% on revenue

Summary

What changed

Comparing Årsregnskap 1997 with 1996 for A/S Ariel. Revenue 1.05m NOK → 412.7k NOK (-60.7%). Equity -28.6k NOK → -30.6k NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A/S Ariel.

At a glance

Revenue

1.05m NOK 412.7k NOK

-60.7%

Operating result

+1 996 NOK +183.0k NOK

+9068.3%

Equity

-28.6k NOK -30.6k NOK

-6.9%

Total assets

217.2k NOK 244.4k NOK

+12.5%

↑
Operating result improved

Operating result +1 996 NOK → +183.0k NOK (op. margin 0.2% → 44.3%). Calculated
↑
Payroll decreased

Salary cost 312.3k NOK → 287.5k NOK (30% → 70% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.05m NOK to 412.7k NOK (-60.7% YoY). Calculated
↓
Equity eroded

Book equity -28.6k NOK → -30.6k NOK (equity ratio -13.2% → -12.5%). Calculated