A HELGESEN EIENDOM AS: årsregnskap 1993 vs 1992
Returned to profit
Summary
What changed
Comparing Årsregnskap 1993 with 1992 for A HELGESEN EIENDOM AS. Net result -99.9k NOK → +17.9k NOK. Equity 680.3k NOK → -662.5k NOK.
On the constructive side: turned profitable. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A HELGESEN EIENDOM AS.
At a glance
Scorecard
Operating result
+228.7k NOK
+57.2k NOK
-75.0%
Net result
-99.9k NOK
+17.9k NOK
+117.9%
Equity
680.3k NOK
-662.5k NOK
-197.4%
Total assets
1.94m NOK
2.60m NOK
+34.4%
What improved
-
↑
Turned profitable
Net result flipped from a loss of 99.9k NOK to a profit of 17.9k NOK. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +228.7k NOK → +57.2k NOK. Calculated
-
↓
Equity eroded
Book equity 680.3k NOK → -662.5k NOK (equity ratio 35.1% → -25.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -25.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation