A/S Ariel: årsregnskap 1995 vs 1994
Shrank 46% on revenue
Summary
What changed
Comparing Årsregnskap 1995 with 1994 for A/S Ariel. Revenue 1.56m NOK → 840.1k NOK (-46.0%). Equity 32.9k NOK → -59.3k NOK.
On the constructive side: payroll decreased. 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/S Ariel.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 656.7k NOK → 273.4k NOK (42% → 33% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.56m NOK to 840.1k NOK (-46.0% YoY). Calculated
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↓
Operating result weakened
Operating result +2 495 NOK → -84.8k NOK (op. margin 0.2% → -10.1%). Calculated
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↓
Equity eroded
Book equity 32.9k NOK → -59.3k NOK (equity ratio 6.7% → -23.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -23.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 499.1k NOK → 312.4k NOK (-37.4% YoY). Calculated