AKE AS: årsregnskap 1998 vs 1997
Shrank 36% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for AKE AS. Revenue 297.9k NOK → 191.2k NOK (-35.8%). Net result +9 180 NOK → 0 NOK. Equity 141.0k NOK → 49.3k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKE AS.
At a glance
Scorecard
Revenue
297.9k NOK
191.2k NOK
-35.8%
Operating result
+89.9k NOK
-92.0k NOK
-202.4%
Net result
+9 180 NOK
0 NOK
-100.0%
Equity
141.0k NOK
49.3k NOK
-65.0%
Total assets
194.7k NOK
163.8k NOK
-15.8%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 297.9k NOK to 191.2k NOK (-35.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +89.9k NOK → -92.0k NOK (op. margin 30.2% → -48.1%). Calculated
-
↓
Net result weakened
Net result +9 180 NOK → 0 NOK (net margin 3.1% → 0.0%). Calculated
-
↓
Equity eroded
Book equity 141.0k NOK → 49.3k NOK (equity ratio 72.4% → 30.1%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 188.1k NOK → 135.4k NOK (-28.0% YoY). Calculated