PHOTOCURE ASA: årsregnskap 1998 vs 1997
Grew 2083% on revenue
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for PHOTOCURE ASA. Revenue 382.7k NOK → 8.35m NOK (+2082.8%). Equity 19.29m NOK → 47.62m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for PHOTOCURE ASA.
At a glance
Scorecard
Revenue
382.7k NOK
8.35m NOK
+2082.8%
Operating result
-7.20m NOK
-12.15m NOK
-68.8%
Equity
19.29m NOK
47.62m NOK
+146.9%
Total assets
21.91m NOK
55.60m NOK
+153.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 382.7k NOK to 8.35m NOK (+2082.8% YoY). Calculated
-
↑
Equity strengthened
Book equity 19.29m NOK → 47.62m NOK (equity ratio 88.0% → 85.7%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -7.20m NOK → -12.15m NOK (op. margin -1881.0% → -145.5%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 3.37m NOK → 5.32m NOK (880% → 64% of revenue). Calculated