ABLE PRODUCTS AS: årsregnskap 1997 vs 1996
Shrank 85% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for ABLE PRODUCTS AS. Revenue 150.6k NOK → 22.3k NOK (-85.2%). Equity 200.0k NOK → 203.6k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
150.6k NOK
22.3k NOK
-85.2%
Operating result
+51.7k NOK
+1 174 NOK
-97.7%
Equity
200.0k NOK
203.6k NOK
+1.8%
Total assets
289.3k NOK
283.3k NOK
-2.1%
What improved
-
↑
Equity strengthened
Book equity 200.0k NOK → 203.6k NOK (equity ratio 69.1% → 71.9%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 150.6k NOK to 22.3k NOK (-85.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +51.7k NOK → +1 174 NOK (op. margin 34.3% → 5.3%). Calculated