A JØRGENSEN AS: årsregnskap 1993 vs 1992
Grew 110059% on revenue
Summary
What changed
Comparing Årsregnskap 1993 with 1992 for A JØRGENSEN AS. Revenue 824 NOK → 907.7k NOK (+110059.5%). Equity 162.4k NOK → 139.0k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A JØRGENSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 824 NOK to 907.7k NOK (+110059.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.32× → 1.13×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +39.5k NOK → +39.4k NOK (op. margin 4793.3% → 4.3%). Calculated
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↓
Equity eroded
Book equity 162.4k NOK → 139.0k NOK (equity ratio 11.0% → 7.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation