A7 PRINT AS: årsregnskap 1994 vs 1993
Grew 31% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1994 with 1993 for A7 PRINT AS. Revenue 2.11m NOK → 2.76m NOK (+31.1%). Net result +90.3k NOK → +271.6k NOK. Equity 926.2k NOK → 107.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A7 PRINT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.11m NOK to 2.76m NOK (+31.1% YoY). Calculated
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↑
Operating result improved
Operating result +73.4k NOK → +347.5k NOK (op. margin 3.5% → 12.6%). Calculated
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↑
Net result improved
Net result +90.3k NOK → +271.6k NOK (net margin 4.3% → 9.8%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 926.2k NOK → 107.8k NOK (equity ratio 76.6% → 6.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.84× → 0.55× — 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 6.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation