FirmaIQ
Org.nr 945 274 476 1996 → 1997 Year-over-year analysis

ACCOUNT-IT AS: årsregnskap 1997 vs 1996

Grew 12% on revenue, slipped into loss

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1997 with 1996 for ACCOUNT-IT AS. Revenue 6.01m NOK → 6.71m NOK (+11.6%). Net result +322.3k NOK → -40.1k NOK. Equity 2.02m NOK → 1.98m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACCOUNT-IT AS.

At a glance

Scorecard

Revenue
6.01m NOK 6.71m NOK
+11.6%
Operating result
+304.3k NOK -122.1k NOK
-140.1%
Net result
+322.3k NOK -40.1k NOK
-112.4%
Equity
2.02m NOK 1.98m NOK
-2.0%
Total assets
3.75m NOK 3.28m NOK
-12.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.01m NOK to 6.71m NOK (+11.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +304.3k NOK → -122.1k NOK (op. margin 5.1% → -1.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 322.3k NOK profit to a loss of 40.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.02m NOK → 1.98m NOK (equity ratio 54.0% → 60.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.84m NOK → 4.65m NOK (64% → 69% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 221.4k NOK → 62.9k NOK (-71.6% YoY). Calculated