ABEL FINANS AS: årsregnskap 1997 vs 1996
Grew 31% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for ABEL FINANS AS. Revenue 189.8k NOK → 248.4k NOK (+30.8%). Equity 509.4k NOK → 491.7k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABEL FINANS AS.
At a glance
Scorecard
Revenue
189.8k NOK
248.4k NOK
+30.8%
Operating result
+104.7k NOK
-23.4k NOK
-122.3%
Net result
+96.4k NOK
n/m
—
Equity
509.4k NOK
491.7k NOK
-3.5%
Total assets
635.3k NOK
539.1k NOK
-15.1%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 189.8k NOK to 248.4k NOK (+30.8% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +104.7k NOK → -23.4k NOK (op. margin 55.2% → -9.4%). Calculated
-
↓
Equity eroded
Book equity 509.4k NOK → 491.7k NOK (equity ratio 80.2% → 91.2%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 1 996 NOK → 257.9k NOK. Reported fact