AIRCOIL AS: årsregnskap 1997 vs 1996
Grew 1201% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1997 with 1996 for AIRCOIL AS. Revenue -12.55m NOK → 138.12m NOK (+1200.7%). Net result +461.7k NOK → +792.5k NOK.
On the constructive side: revenue rose; net result improved; payroll decreased.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRCOIL AS.
At a glance
Scorecard
Revenue
-12.55m NOK
138.12m NOK
+1200.7%
Operating result
n/m
+1.46m NOK
—
Net result
+461.7k NOK
+792.5k NOK
+71.7%
Equity
n/m
1.66m NOK
—
Total assets
3.54m NOK
4.40m NOK
+24.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from -12.55m NOK to 138.12m NOK (+1200.7% YoY). Calculated
-
↑
Net result improved
Net result +461.7k NOK → +792.5k NOK (net margin -3.7% → 0.6%). Calculated
-
↑
Payroll decreased
Salary cost 784.7k NOK → 317.2k NOK (-6% → 0% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 9.76m NOK → 9.43m NOK (-3.4% YoY). Calculated