A ASBJØRNSENS EIENDOM AS: årsregnskap 1994 vs 1993
Shrank 15% on revenue
Summary
What changed
Comparing Årsregnskap 1994 with 1993 for A ASBJØRNSENS EIENDOM AS. Revenue 58.93m NOK → 50.35m NOK (-14.5%). Equity 4.00m NOK → 575.4k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A ASBJØRNSENS EIENDOM AS.
At a glance
Scorecard
Revenue
58.93m NOK
50.35m NOK
-14.5%
Operating result
+6 631 NOK
+561.3k NOK
+8364.8%
Equity
4.00m NOK
575.4k NOK
-85.6%
Total assets
40.34m NOK
37.49m NOK
-7.1%
What improved
-
↑
Operating result improved
Operating result +6 631 NOK → +561.3k NOK (op. margin 0.0% → 1.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 58.93m NOK to 50.35m NOK (-14.5% YoY). Calculated
-
↓
Equity eroded
Book equity 4.00m NOK → 575.4k NOK (equity ratio 9.9% → 1.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation