A/S Sigba Eiendom: årsregnskap 1993 vs 1992
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1993 with 1992 for A/S Sigba Eiendom. Revenue 2.93m NOK → 2.97m NOK (+1.5%). Equity 3.11m NOK → 2.75m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A/S Sigba Eiendom.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.93m NOK to 2.97m NOK (+1.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.69m NOK → +1.22m NOK (op. margin 57.8% → 40.9%). Calculated
-
↓
Equity eroded
Book equity 3.11m NOK → 2.75m NOK (equity ratio 11.3% → 9.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 743.0k NOK → 1.20m NOK. Reported fact