A-BAD AS: årsregnskap 1995 vs 1994
Shrank 69% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1995 with 1994 for A-BAD AS. Revenue 517.9k NOK → 162.9k NOK (-68.6%). Net result +27.6k NOK → +39.4k NOK. Equity 93.8k NOK → 17.1k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A-BAD AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +112.5k NOK → +228.2k NOK (op. margin 21.7% → 140.1%). Calculated
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↑
Net result improved
Net result +27.6k NOK → +39.4k NOK (net margin 5.3% → 24.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 517.9k NOK to 162.9k NOK (-68.6% YoY). Calculated
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↓
Equity eroded
Book equity 93.8k NOK → 17.1k NOK (equity ratio 7.9% → 0.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 300.5k NOK → 500.3k NOK. Reported fact