A MATRE INDUSTRITRANSPORT AS: årsregnskap 1993 vs 1992
Shrank 13% on revenue
Summary
What changed
Comparing Årsregnskap 1993 with 1992 for A MATRE INDUSTRITRANSPORT AS. Revenue 2.16m NOK → 1.89m NOK (-12.6%). Equity -10.5k NOK → -30.7k NOK.
On the constructive side: operating result improved. 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 MATRE INDUSTRITRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +34.6k NOK → +73.5k NOK (op. margin 1.6% → 3.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.16m NOK to 1.89m NOK (-12.6% YoY). Calculated
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↓
Equity eroded
Book equity -10.5k NOK → -30.7k NOK (equity ratio -1.0% → -3.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 11.05× → 0.44× — 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 -3.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation