Org.nr 957 212 158 1993 → 1994 Year-over-year analysis

ABBOTT NORGE AS: årsregnskap 1994 vs 1993

Grew 40% on revenue, stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 1994 with 1993 for ABBOTT NORGE AS. Revenue 15.14m NOK → 21.20m NOK (+40.0%). Net result +574.8k NOK → +5.38m NOK. Equity 628.9k NOK → 290.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABBOTT NORGE AS.

Scorecard

Revenue
15.14m NOK 21.20m NOK
+40.0%
Operating result
+987.8k NOK +7.23m NOK
+631.7%
Net result
+574.8k NOK +5.38m NOK
+835.9%
Equity
628.9k NOK 290.7k NOK
-53.8%
Total assets
4.48m NOK 9.30m NOK
+107.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.14m NOK to 21.20m NOK (+40.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +987.8k NOK → +7.23m NOK (op. margin 6.5% → 34.1%). Calculated

  • ↑

    Net result improved

    Net result +574.8k NOK → +5.38m NOK (net margin 3.8% → 25.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 628.9k NOK → 290.7k NOK (equity ratio 14.0% → 3.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation