ABEL FINANS AS: årsregnskap 1998 vs 1997
A steady year on the published lines
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ABEL FINANS AS. Revenue 248.4k NOK → 257.9k NOK (+3.8%). Equity 491.7k NOK → 80.3k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: 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
248.4k NOK
257.9k NOK
+3.8%
Operating result
-23.4k NOK
+130.3k NOK
+657.2%
Net result
n/m
+83.2k NOK
—
Equity
491.7k NOK
80.3k NOK
-83.7%
Cash
n/m
720.3k NOK
—
Total assets
539.1k NOK
137.6k NOK
-74.5%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 248.4k NOK to 257.9k NOK (+3.8% YoY). Calculated
-
↑
Operating result improved
Operating result -23.4k NOK → +130.3k NOK (op. margin -9.4% → 50.5%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 491.7k NOK → 80.3k NOK (equity ratio 91.2% → 58.3%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 257.9k NOK → 1 998 NOK. Reported fact