A/S Sigba Eiendom: årsregnskap 1998 vs 1997
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A/S Sigba Eiendom. Revenue 3.04m NOK → 3.18m NOK (+4.6%). Equity 2.58m NOK → 2.44m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
3.04m NOK
3.18m NOK
+4.6%
Operating result
+939.1k NOK
+231.4k NOK
-75.4%
Equity
2.58m NOK
2.44m NOK
-5.3%
Total assets
21.53m NOK
24.42m NOK
+13.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.04m NOK to 3.18m NOK (+4.6% YoY). Calculated
-
↑
Payroll decreased
Salary cost 639.8k NOK → 341.9k NOK (21% → 11% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +939.1k NOK → +231.4k NOK (op. margin 30.9% → 7.3%). Calculated
-
↓
Equity eroded
Book equity 2.58m NOK → 2.44m NOK (equity ratio 12.0% → 10.0%). Calculated