A Mølmen Transport AS: årsregnskap 1993 vs 1992
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1993 with 1992 for A Mølmen Transport AS. Revenue 3.53m NOK → 3.69m NOK (+4.7%). Equity 965.5k NOK → 36.3k NOK.
On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A Mølmen Transport AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.53m NOK to 3.69m NOK (+4.7% YoY). Calculated
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↑
Operating result improved
Operating result -18.3k NOK → +268.8k NOK (op. margin -0.5% → 7.3%). Calculated
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↑
Payroll decreased
Salary cost 1.53m NOK → 1.42m NOK (43% → 39% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 965.5k NOK → 36.3k NOK (equity ratio 28.8% → 1.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation