ABBL EIENDOMSMEGLING AS: årsregnskap 1998 vs 1997
Shrank 9% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ABBL EIENDOMSMEGLING AS. Revenue 4.24m NOK → 3.87m NOK (-8.8%). Net result +111.0k NOK → -25.1k NOK. Equity 595.4k NOK → 570.4k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
4.24m NOK
3.87m NOK
-8.8%
Operating result
+81.4k NOK
-157.8k NOK
-293.9%
Net result
+111.0k NOK
-25.1k NOK
-122.6%
Equity
595.4k NOK
570.4k NOK
-4.2%
Cash
n/m
862.7k NOK
—
Total assets
1.22m NOK
1.11m NOK
-9.0%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.24m NOK to 3.87m NOK (-8.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +81.4k NOK → -157.8k NOK (op. margin 1.9% → -4.1%). Calculated
-
↓
Fell into a net loss
Net result flipped from 111.0k NOK profit to a loss of 25.1k NOK. Calculated
-
↓
Equity eroded
Book equity 595.4k NOK → 570.4k NOK (equity ratio 48.9% → 51.5%). Calculated