ABEL EIENDOMSFORVALTNING AS: årsregnskap 1997 vs 1996
Grew 10% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for ABEL EIENDOMSFORVALTNING AS. Revenue 484.8k NOK → 534.4k NOK (+10.2%). Net result +435.0k NOK → +55.6k NOK. Equity 990.6k NOK → 580.2k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
484.8k NOK
534.4k NOK
+10.2%
Operating result
+493.8k NOK
+474.1k NOK
-4.0%
Net result
+435.0k NOK
+55.6k NOK
-87.2%
Equity
990.6k NOK
580.2k NOK
-41.4%
Total assets
1.86m NOK
2.60m NOK
+39.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 484.8k NOK to 534.4k NOK (+10.2% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +493.8k NOK → +474.1k NOK (op. margin 101.8% → 88.7%). Calculated
-
↓
Net result weakened
Net result +435.0k NOK → +55.6k NOK (net margin 89.7% → 10.4%). Calculated
-
↓
Equity eroded
Book equity 990.6k NOK → 580.2k NOK (equity ratio 53.1% → 22.3%). Calculated