ADAM OG EVA SKOLEN AS: årsregnskap 1998 vs 1997
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ADAM OG EVA SKOLEN AS. Revenue 3.21m NOK → 3.09m NOK (-3.7%). Equity 618.5k NOK → 230.2k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAM OG EVA SKOLEN AS.
At a glance
Scorecard
Revenue
3.21m NOK
3.09m NOK
-3.7%
Operating result
n/m
+603.5k NOK
—
Net result
+559.6k NOK
n/m
—
Equity
618.5k NOK
230.2k NOK
-62.8%
Total assets
2.78m NOK
2.09m NOK
-24.9%
What improved
-
↑
Payroll decreased
Salary cost 1.42m NOK → 1.40m NOK (44% → 45% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.21m NOK to 3.09m NOK (-3.7% YoY). Calculated
-
↓
Equity eroded
Book equity 618.5k NOK → 230.2k NOK (equity ratio 22.3% → 11.0%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 256.3k NOK → 153.5k NOK (-40.1% YoY). Calculated