ABC-MASKIN AS: årsregnskap 1998 vs 1997
Shrank 23% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ABC-MASKIN AS. Revenue -16.34m NOK → -20.04m NOK (-22.7%). Net result +136.4k NOK → +465.7k NOK. Equity -2.39m NOK → -2.86m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
-16.34m NOK
-20.04m NOK
-22.7%
Operating result
-440.2k NOK
-1.33m NOK
-203.2%
Net result
+136.4k NOK
+465.7k NOK
+241.5%
Equity
-2.39m NOK
-2.86m NOK
-19.5%
Total assets
9.90m NOK
15.23m NOK
+53.9%
What improved
-
↑
Net result improved
Net result +136.4k NOK → +465.7k NOK (net margin -0.8% → -2.3%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from -16.34m NOK to -20.04m NOK (-22.7% YoY). Calculated
-
↓
Operating result weakened
Operating result -440.2k NOK → -1.33m NOK (op. margin 2.7% → 6.7%). Calculated
-
↓
Equity eroded
Book equity -2.39m NOK → -2.86m NOK (equity ratio -24.1% → -18.7%). Calculated