A SÆTHER COMPAGNIET AS: årsregnskap 1996 vs 1995
Grew 153% on revenue
Summary
What changed
Comparing Årsregnskap 1996 with 1995 for A SÆTHER COMPAGNIET AS. Revenue 168.2k NOK → 425.1k NOK (+152.7%). Net result -20.2k NOK → -10.4k NOK. Equity -20.2k NOK → -30.6k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A SÆTHER COMPAGNIET AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 168.2k NOK to 425.1k NOK (+152.7% YoY). Calculated
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↑
Net result improved
Net result -20.2k NOK → -10.4k NOK (net margin -12.0% → -2.4%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +105.8k NOK → +45.4k NOK (op. margin 62.9% → 10.7%). Calculated
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↓
Equity eroded
Book equity -20.2k NOK → -30.6k NOK (equity ratio -2.2% → -3.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.80× → 0.61× — 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 -3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 26.7k NOK → 202.7k NOK (+659.3% YoY). Calculated