A/S SCAN AFRICAN: årsregnskap 1998 vs 1997
Shrank 26% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A/S SCAN AFRICAN. Revenue 1.22m NOK → 907.1k NOK (-25.6%). Equity 1.43m NOK → 1.24m NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
1.22m NOK
907.1k NOK
-25.6%
Operating result
+187.5k NOK
+253.8k NOK
+35.4%
Net result
n/m
+209.0k NOK
—
Equity
1.43m NOK
1.24m NOK
-13.4%
Total assets
2.10m NOK
2.43m NOK
+15.7%
What improved
-
↑
Operating result improved
Operating result +187.5k NOK → +253.8k NOK (op. margin 15.4% → 28.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.22m NOK to 907.1k NOK (-25.6% YoY). Calculated
-
↓
Equity eroded
Book equity 1.43m NOK → 1.24m NOK (equity ratio 67.9% → 50.9%). Calculated