A-OPTIKK AS: årsregnskap 1994 vs 1993
Grew 5% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1994 with 1993 for A-OPTIKK AS. Revenue -3.46m NOK → -3.28m NOK (+5.3%). Net result +126.1k NOK → +14.5k NOK. Equity 134.9k NOK → -149.4k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A-OPTIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from -3.46m NOK to -3.28m NOK (+5.3% YoY). Calculated
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↑
Operating result improved
Operating result -299.7k NOK → +153.0k NOK (op. margin 8.7% → -4.7%). Calculated
What deteriorated
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↓
Net result weakened
Net result +126.1k NOK → +14.5k NOK (net margin -3.6% → -0.4%). Calculated
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↓
Equity eroded
Book equity 134.9k NOK → -149.4k NOK (equity ratio 13.7% → -15.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -15.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation