A/S Edvardsen Eiendom: årsregnskap 1995 vs 1994
Shrank 93% on revenue
Summary
What changed
Comparing Årsregnskap 1995 with 1994 for A/S Edvardsen Eiendom. Revenue 738.6k NOK → 50.5k NOK (-93.2%). Equity -227.6k NOK → -287.4k 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/S Edvardsen Eiendom.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +365.7k NOK → +551.6k NOK (op. margin 49.5% → 1092.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 738.6k NOK to 50.5k NOK (-93.2% YoY). Calculated
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↓
Equity eroded
Book equity -227.6k NOK → -287.4k NOK (equity ratio -2.9% → -3.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.38× → 0.45× — 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 -3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation