A-BAD AS: årsregnskap 1993 vs 1992
Shrank 84% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1993 with 1992 for A-BAD AS. Revenue 2.86m NOK → 468.0k NOK (-83.6%). Net result -8 257 NOK → -31.0k NOK. Equity 97.2k NOK → 66.2k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A-BAD AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.86m NOK to 468.0k NOK (-83.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +162.4k NOK → +62.7k NOK (op. margin 5.7% → 13.4%). Calculated
-
↓
Net result weakened
Net result -8 257 NOK → -31.0k NOK (net margin -0.3% → -6.6%). Calculated
-
↓
Equity eroded
Book equity 97.2k NOK → 66.2k NOK (equity ratio 8.0% → 5.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 5.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation