A SÆVIK AS: årsregnskap 1993 vs 1992
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1993 with 1992 for A SÆVIK AS. Revenue 5.54m NOK → 5.41m NOK (-2.4%). Equity 42.4k NOK → 52.8k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A SÆVIK AS.
At a glance
Scorecard
Revenue
5.54m NOK
5.41m NOK
-2.4%
Operating result
+285.8k NOK
+199.0k NOK
-30.4%
Equity
42.4k NOK
52.8k NOK
+24.5%
Total assets
n/m
1.92m NOK
—
What improved
-
↑
Equity strengthened
Book equity 42.4k NOK → 52.8k NOK. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.54m NOK to 5.41m NOK (-2.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +285.8k NOK → +199.0k NOK (op. margin 5.2% → 3.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation