A KAVLI EIENDOM AS: årsregnskap 1993 vs 1992
Shrank 38% on revenue
Summary
What changed
Comparing Årsregnskap 1993 with 1992 for A KAVLI EIENDOM AS. Revenue 4.76m NOK → 2.93m NOK (-38.4%). Equity 104.4k NOK → 66.4k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A KAVLI EIENDOM AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.76m NOK to 2.93m NOK (-38.4% YoY). Calculated
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↓
Operating result weakened
Operating result +158.1k NOK → +47.4k NOK (op. margin 3.3% → 1.6%). Calculated
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↓
Equity eroded
Book equity 104.4k NOK → 66.4k NOK (equity ratio 10.8% → 6.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.56× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 18.2k NOK → 746.4k NOK (0% → 25% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 3.16m NOK → 1.82m NOK (-42.4% YoY). Calculated