ARCTICZYMES TECHNOLOGIES ASA: årsregnskap 1998 vs 1997
Shrank 12% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ARCTICZYMES TECHNOLOGIES ASA. Revenue 20.73m NOK → 18.32m NOK (-11.6%). Equity 19.85m NOK → 17.69m NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
20.73m NOK
18.32m NOK
-11.6%
Operating result
+702.5k NOK
-2.84m NOK
-503.8%
Equity
19.85m NOK
17.69m NOK
-10.9%
Total assets
24.51m NOK
21.30m NOK
-13.1%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 20.73m NOK to 18.32m NOK (-11.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +702.5k NOK → -2.84m NOK (op. margin 3.4% → -15.5%). Calculated
-
↓
Equity eroded
Book equity 19.85m NOK → 17.69m NOK (equity ratio 81.0% → 83.1%). Calculated