A/S GRIMSTADGATEN 23: årsregnskap 1996 vs 1995
Shrank 88% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1996 with 1995 for A/S GRIMSTADGATEN 23. Revenue 757.8k NOK → 94.7k NOK (-87.5%). Net result 0 NOK → +43.2k NOK. Equity 820.8k NOK → 777.6k NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
757.8k NOK
94.7k NOK
-87.5%
Operating result
+209.4k NOK
+60.1k NOK
-71.3%
Net result
0 NOK
+43.2k NOK
—
Equity
820.8k NOK
777.6k NOK
-5.3%
Total assets
2.03m NOK
1.82m NOK
-10.3%
What improved
-
↑
Net result improved
Net result 0 NOK → +43.2k NOK (net margin 0.0% → 45.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 757.8k NOK to 94.7k NOK (-87.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +209.4k NOK → +60.1k NOK (op. margin 27.6% → 63.4%). Calculated
-
↓
Equity eroded
Book equity 820.8k NOK → 777.6k NOK (equity ratio 40.5% → 42.8%). Calculated