A/S Hørtefossen: årsregnskap 1997 vs 1996
Weaker earnings
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for A/S Hørtefossen. Revenue 3.02m NOK → 3.03m NOK (+0.3%). Net result +98.4k NOK → +62.4k NOK. Equity 802.1k NOK → 864.6k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
3.02m NOK
3.03m NOK
+0.3%
Operating result
+143.6k NOK
+67.7k NOK
-52.9%
Net result
+98.4k NOK
+62.4k NOK
-36.6%
Equity
802.1k NOK
864.6k NOK
+7.8%
Total assets
1.97m NOK
1.90m NOK
-3.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.02m NOK to 3.03m NOK (+0.3% YoY). Calculated
-
↑
Equity strengthened
Book equity 802.1k NOK → 864.6k NOK (equity ratio 40.7% → 45.6%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +143.6k NOK → +67.7k NOK (op. margin 4.8% → 2.2%). Calculated
-
↓
Net result weakened
Net result +98.4k NOK → +62.4k NOK (net margin 3.3% → 2.1%). Calculated