A38 INVEST AS: årsregnskap 1998 vs 1997
Shrank 6% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for A38 INVEST AS. Revenue 3.83m NOK → 3.59m NOK (-6.3%). Equity 381.7k NOK → 420.4k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
3.83m NOK
3.59m NOK
-6.3%
Operating result
+312.5k NOK
+292.0k NOK
-6.6%
Equity
381.7k NOK
420.4k NOK
+10.2%
Total assets
130.3k NOK
1.16m NOK
+789.0%
What improved
-
↑
Equity strengthened
Book equity 381.7k NOK → 420.4k NOK (equity ratio 292.9% → 36.3%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.83m NOK to 3.59m NOK (-6.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +312.5k NOK → +292.0k NOK (op. margin 8.2% → 8.1%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 269.0k NOK → 1.74m NOK (7% → 48% of revenue). Calculated