A/S Skog: årsregnskap 1997 vs 1996
Shrank 21% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for A/S Skog. Revenue 512.8k NOK → 404.0k NOK (-21.2%). Net result +11.9k NOK → +1 522 NOK. Equity 585.7k NOK → 587.2k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
512.8k NOK
404.0k NOK
-21.2%
Operating result
+1 770 NOK
-11.2k NOK
-735.5%
Net result
+11.9k NOK
+1 522 NOK
-87.3%
Equity
585.7k NOK
587.2k NOK
+0.3%
Total assets
651.9k NOK
639.7k NOK
-1.9%
What improved
-
↑
Equity strengthened
Book equity 585.7k NOK → 587.2k NOK (equity ratio 89.8% → 91.8%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 512.8k NOK to 404.0k NOK (-21.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +1 770 NOK → -11.2k NOK (op. margin 0.3% → -2.8%). Calculated
-
↓
Net result weakened
Net result +11.9k NOK → +1 522 NOK (net margin 2.3% → 0.4%). Calculated