ABA ELEKTRO AS: årsregnskap 1993 vs 1992
Grew 17% on revenue
Summary
What changed
Comparing Årsregnskap 1993 with 1992 for ABA ELEKTRO AS. Revenue 1.73m NOK → 2.02m NOK (+16.8%). Equity -61.1k NOK → -75.3k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABA ELEKTRO AS.
At a glance
Scorecard
Revenue
1.73m NOK
2.02m NOK
+16.8%
Operating result
+47.4k NOK
+110.7k NOK
+133.4%
Net result
+1 259 NOK
n/m
—
Equity
-61.1k NOK
-75.3k NOK
-23.2%
Total assets
590.9k NOK
707.5k NOK
+19.7%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.73m NOK to 2.02m NOK (+16.8% YoY). Calculated
-
↑
Operating result improved
Operating result +47.4k NOK → +110.7k NOK (op. margin 2.7% → 5.5%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -61.1k NOK → -75.3k NOK (equity ratio -10.3% → -10.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -10.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation