GRIEG SEAFOOD ASA: årsregnskap 1998 vs 1997
Shrank 33% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for GRIEG SEAFOOD ASA. Revenue 4.81m NOK → 3.23m NOK (-32.8%). Net result +6 839 NOK → +32.34m NOK. Equity 21.45m NOK → 73.08m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
4.81m NOK
3.23m NOK
-32.8%
Operating result
-5.38m NOK
-17.27m NOK
-221.0%
Net result
+6 839 NOK
+32.34m NOK
+472734.4%
Equity
21.45m NOK
73.08m NOK
+240.8%
Total assets
94.73m NOK
144.65m NOK
+52.7%
What improved
-
↑
Net result improved
Net result +6 839 NOK → +32.34m NOK (net margin 0.1% → 1000.1%). Calculated
-
↑
Equity strengthened
Book equity 21.45m NOK → 73.08m NOK (equity ratio 22.6% → 50.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.81m NOK to 3.23m NOK (-32.8% YoY). Calculated
-
↓
Operating result weakened
Operating result -5.38m NOK → -17.27m NOK (op. margin -111.9% → -534.1%). Calculated