Org.nr 912 166 775 1991 → 1992 Year-over-year analysis

A. GULLAKSEN AS: årsregnskap 1992 vs 1991

Shrank 23% on revenue

Summary

What changed

Comparing Årsregnskap 1992 with 1991 for A. GULLAKSEN AS. Revenue 3.08m NOK → 2.36m NOK (-23.3%). Equity 969.2k NOK → 12.7k NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A. GULLAKSEN AS.

At a glance

Revenue

3.08m NOK 2.36m NOK

-23.3%

Operating result

-231.2k NOK +75.0k NOK

+132.4%

Equity

969.2k NOK 12.7k NOK

-98.7%

Total assets

1.59m NOK 1.72m NOK

+8.2%

↑
Operating result improved

Operating result -231.2k NOK → +75.0k NOK (op. margin -7.5% → 3.2%). Calculated
↑
Payroll decreased

Salary cost 685.1k NOK → 631.5k NOK (22% → 27% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.08m NOK to 2.36m NOK (-23.3% YoY). Calculated
↓
Equity eroded

Book equity 969.2k NOK → 12.7k NOK (equity ratio 61.1% → 0.7%). Calculated

·
Thin equity buffer

Equity ratio is 0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 2.19m NOK → 1.21m NOK (-44.5% YoY). Calculated