ABL NORWAY AS: årsregnskap 1997 vs 1996
Shrank 7% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for ABL NORWAY AS. Revenue 1.86m NOK → 1.74m NOK (-6.6%). Equity 2.65m NOK → 2.78m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cogs moved.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.86m NOK
1.74m NOK
-6.6%
Operating result
+276.5k NOK
+170.4k NOK
-38.4%
Equity
2.65m NOK
2.78m NOK
+4.7%
Total assets
2.99m NOK
2.91m NOK
-2.6%
What improved
-
↑
Equity strengthened
Book equity 2.65m NOK → 2.78m NOK (equity ratio 88.7% → 95.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.86m NOK to 1.74m NOK (-6.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +276.5k NOK → +170.4k NOK (op. margin 14.9% → 9.8%). Calculated
-
↓
COGS moved
COGS / varekostnad 134.7k NOK → 1.12m NOK (+734.2% YoY). Calculated