ABAKUS NORGE AS: årsregnskap 1993 vs 1992
Grew 13% on revenue
Summary
What changed
Comparing Årsregnskap 1993 with 1992 for ABAKUS NORGE AS. Revenue 208.2k NOK → 234.3k NOK (+12.5%). Equity 40.0k NOK → -131.2k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ABAKUS NORGE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 208.2k NOK to 234.3k NOK (+12.5% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +9 718 NOK → -90.4k NOK (op. margin 4.7% → -38.6%). Calculated
-
↓
Equity eroded
Book equity 40.0k NOK → -131.2k NOK (equity ratio 734.0% → -88.4%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.49× → 0.84× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -88.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 0 NOK → 185.4k NOK (0% → 79% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 13.8k NOK → 0 NOK (-100.0% YoY). Calculated