AGGREKO NORWAY AS: årsregnskap 1997 vs 1996
Shrank 34% on revenue
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for AGGREKO NORWAY AS. Revenue 37.32m NOK → 24.45m NOK (-34.5%). Equity 10.15m NOK → 9.70m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
37.32m NOK
24.45m NOK
-34.5%
Operating result
+11.69m NOK
+7.43m NOK
-36.5%
Equity
10.15m NOK
9.70m NOK
-4.4%
Total assets
29.68m NOK
23.86m NOK
-19.6%
What improved
-
↑
Payroll decreased
Salary cost 4.95m NOK → 2.88m NOK (13% → 12% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 37.32m NOK to 24.45m NOK (-34.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +11.69m NOK → +7.43m NOK (op. margin 31.3% → 30.4%). Calculated
-
↓
Equity eroded
Book equity 10.15m NOK → 9.70m NOK (equity ratio 34.2% → 40.7%). Calculated
-
↓
COGS moved
COGS / varekostnad 5.85m NOK → 6.87m NOK (+17.5% YoY). Calculated