ABA MARINE AS: årsregnskap 1994 vs 1993
Shrank 62% on revenue
Summary
What changed
Comparing Årsregnskap 1994 with 1993 for ABA MARINE AS. Revenue 258.3k NOK → 98.5k NOK (-61.9%). Equity 94.8k NOK → 2 111 NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABA MARINE AS.
At a glance
Scorecard
Revenue
258.3k NOK
98.5k NOK
-61.9%
Operating result
+44.0k NOK
-91.8k NOK
-308.7%
Equity
94.8k NOK
2 111 NOK
-97.8%
Total assets
172.8k NOK
46.2k NOK
-73.3%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 258.3k NOK to 98.5k NOK (-61.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +44.0k NOK → -91.8k NOK (op. margin 17.0% → -93.2%). Calculated
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↓
Equity eroded
Book equity 94.8k NOK → 2 111 NOK (equity ratio 54.9% → 4.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation