ABS ASSURANSEAGENTURER AS: årsregnskap 1998 vs 1997
Shrank 56% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ABS ASSURANSEAGENTURER AS. Revenue 2.46m NOK → 1.09m NOK (-55.7%). Equity 99.8k NOK → 7.56m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
2.46m NOK
1.09m NOK
-55.7%
Operating result
+818.5k NOK
+334.7k NOK
-59.1%
Equity
99.8k NOK
7.56m NOK
+7478.9%
Total assets
3.89m NOK
2.57m NOK
-34.0%
What improved
-
↑
Equity strengthened
Book equity 99.8k NOK → 7.56m NOK (equity ratio 2.6% → 294.4%). Calculated
-
↑
Payroll decreased
Salary cost 1.19m NOK → 480.4k NOK (49% → 44% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.46m NOK to 1.09m NOK (-55.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +818.5k NOK → +334.7k NOK (op. margin 33.3% → 30.7%). Calculated