A TITLESTAD AS: årsregnskap 1998 vs 1997
Weaker earnings
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A TITLESTAD AS. Revenue 1.56m NOK → 1.61m NOK (+3.3%). Net result +62.7k NOK → +33.2k NOK. Equity 97.4k NOK → 101.1k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A TITLESTAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.56m NOK to 1.61m NOK (+3.3% YoY). Calculated
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↑
Operating result improved
Operating result +42.5k NOK → +61.2k NOK (op. margin 2.7% → 3.8%). Calculated
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↑
Equity strengthened
Book equity 97.4k NOK → 101.1k NOK (equity ratio 20.2% → 20.0%). Calculated
What deteriorated
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↓
Net result weakened
Net result +62.7k NOK → +33.2k NOK (net margin 4.0% → 2.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 446.4k NOK → 625.1k NOK (29% → 39% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 738.3k NOK → 540.4k NOK (-26.8% YoY). Calculated