Org.nr 947 054 333 1997 → 1998 Year-over-year analysis

ABC AUTORISERTE KJØRESKOLE AS: årsregnskap 1998 vs 1997

Grew 9% on revenue

Summary

What changed

Comparing Årsregnskap 1998 with 1997 for ABC AUTORISERTE KJØRESKOLE AS. Revenue 1.60m NOK → 1.75m NOK (+9.5%). Equity -55.9k NOK → -76.2k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABC AUTORISERTE KJØRESKOLE AS.

At a glance

Revenue

1.60m NOK 1.75m NOK

+9.5%

Operating result

+45.2k NOK -15.6k NOK

-134.5%

Equity

-55.9k NOK -76.2k NOK

-36.4%

Cash

n/m 67.0k NOK

—

Total assets

99.0k NOK 152.7k NOK

+54.2%

↑
Revenue rose

Operating income / revenue moved from 1.60m NOK to 1.75m NOK (+9.5% YoY). Calculated

↓
Operating result weakened

Operating result +45.2k NOK → -15.6k NOK (op. margin 2.8% → -0.9%). Calculated
↓
Equity eroded

Book equity -55.9k NOK → -76.2k NOK (equity ratio -56.4% → -49.9%). Calculated

·
Payroll increased

Salary cost 780.1k NOK → 914.5k NOK (49% → 52% of revenue). Calculated
·
COGS moved

COGS / varekostnad 42.7k NOK → 55.6k NOK (+30.2% YoY). Calculated