Org.nr 976 846 923 1997 → 1998 Year-over-year analysis

IDEX BIOMETRICS ASA: årsregnskap 1998 vs 1997

Grew 697% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 1998 with 1997 for IDEX BIOMETRICS ASA. Revenue 227.0k NOK → 1.81m NOK (+697.4%). Equity 2.86m NOK → 2.14m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for IDEX BIOMETRICS ASA.

Scorecard

Revenue
227.0k NOK 1.81m NOK
+697.4%
Operating result
-7.12m NOK n/m
—
Equity
2.86m NOK 2.14m NOK
-25.0%
Total assets
6.08m NOK 7.49m NOK
+23.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 227.0k NOK to 1.81m NOK (+697.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.86m NOK → 2.14m NOK (equity ratio 47.0% → 28.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.01m NOK → 7.58m NOK (1324% → 419% of revenue). Calculated