Org.nr 970 974 423 1997 → 1998 Year-over-year analysis

ACRYLICON MIDT- OG VEST- NORGE AS: årsregnskap 1998 vs 1997

Shrank 35% on revenue

Summary

What changed

Comparing Årsregnskap 1998 with 1997 for ACRYLICON MIDT- OG VEST- NORGE AS. Revenue 12.77m NOK → 8.26m NOK (-35.3%). Equity 944.9k NOK → 593.9k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACRYLICON MIDT- OG VEST- NORGE AS.

At a glance

Revenue

12.77m NOK 8.26m NOK

-35.3%

Operating result

+461.9k NOK +366.0k NOK

-20.8%

Equity

944.9k NOK 593.9k NOK

-37.1%

Total assets

2.88m NOK 2.44m NOK

-15.3%

↑
Payroll decreased

Salary cost 1.66m NOK → 911.7k NOK (13% → 11% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 12.77m NOK to 8.26m NOK (-35.3% YoY). Calculated
↓
Operating result weakened

Operating result +461.9k NOK → +366.0k NOK (op. margin 3.6% → 4.4%). Calculated
↓
Equity eroded

Book equity 944.9k NOK → 593.9k NOK (equity ratio 32.8% → 24.3%). Calculated