A G KJØSTVEDT AS: årsregnskap 1995 vs 1994
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1995 with 1994 for A G KJØSTVEDT AS. Revenue 3.86m NOK → 3.68m NOK (-4.6%). Equity 984.5k NOK → 21.7k NOK.
Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A G KJØSTVEDT AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.86m NOK to 3.68m NOK (-4.6% YoY). Calculated
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↓
Equity eroded
Book equity 984.5k NOK → 21.7k NOK (equity ratio 76.1% → 1.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.21× → 0.69× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation