AB EXTRA AS: årsregnskap 1994 vs 1993
Shrank 94% on revenue
Summary
What changed
Comparing Årsregnskap 1994 with 1993 for AB EXTRA AS. Revenue 1.21m NOK → 75.0k NOK (-93.8%). Equity -136.9k NOK → -67.6k 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 AB EXTRA AS.
At a glance
Scorecard
Revenue
1.21m NOK
75.0k NOK
-93.8%
Operating result
+182.4k NOK
+69.3k NOK
-62.0%
Net result
+186.9k NOK
n/m
—
Equity
-136.9k NOK
-67.6k NOK
+50.6%
Total assets
7 135 NOK
1 422 NOK
-80.1%
What improved
-
↑
Equity strengthened
Book equity -136.9k NOK → -67.6k NOK (equity ratio -1918.2% → -4752.3%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.21m NOK to 75.0k NOK (-93.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +182.4k NOK → +69.3k NOK (op. margin 15.1% → 92.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -4752.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation