A/S GRIMSTADGATEN 23: årsregnskap 1997 vs 1996
Grew 552% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for A/S GRIMSTADGATEN 23. Revenue 94.7k NOK → 617.4k NOK (+551.8%). Net result +43.2k NOK → 0 NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
94.7k NOK
617.4k NOK
+551.8%
Operating result
+60.1k NOK
+46.6k NOK
-22.5%
Net result
+43.2k NOK
0 NOK
-100.0%
Equity
777.6k NOK
n/m
—
Total assets
1.82m NOK
1.74m NOK
-4.1%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 94.7k NOK to 617.4k NOK (+551.8% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +60.1k NOK → +46.6k NOK (op. margin 63.4% → 7.5%). Calculated
-
↓
Net result weakened
Net result +43.2k NOK → 0 NOK (net margin 45.6% → 0.0%). Calculated