Org.nr 947 054 333 1996 → 1997 Year-over-year analysis

ABC AUTORISERTE KJØRESKOLE AS: årsregnskap 1997 vs 1996

Shrank 27% on revenue

Summary

What changed

Comparing Årsregnskap 1997 with 1996 for ABC AUTORISERTE KJØRESKOLE AS. Revenue 2.19m NOK → 1.60m NOK (-26.7%). Equity -88.2k NOK → -55.9k NOK.

On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABC AUTORISERTE KJØRESKOLE AS.

At a glance

Revenue

2.19m NOK 1.60m NOK

-26.7%

Operating result

-18.8k NOK +45.2k NOK

+339.9%

Equity

-88.2k NOK -55.9k NOK

+36.6%

Total assets

642.6k NOK 99.0k NOK

-84.6%

↑
Operating result improved

Operating result -18.8k NOK → +45.2k NOK (op. margin -0.9% → 2.8%). Calculated
↑
Equity strengthened

Book equity -88.2k NOK → -55.9k NOK (equity ratio -13.7% → -56.4%). Calculated
↑
Payroll decreased

Salary cost 1.18m NOK → 780.1k NOK (54% → 49% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.19m NOK to 1.60m NOK (-26.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is -56.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 51.7k NOK → 42.7k NOK (-17.4% YoY). Calculated