ABC-MASKIN AS: årsregnskap 1996 vs 1995
Grew 11% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 1996 with 1995 for ABC-MASKIN AS. Revenue -20.10m NOK → -17.83m NOK (+11.3%). Net result -1.01m NOK → -177.7k NOK. Equity -2.35m NOK → -2.53m 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 ABC-MASKIN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from -20.10m NOK to -17.83m NOK (+11.3% YoY). Calculated
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Operating result improved
Operating result -1.64m NOK → -902.7k NOK (op. margin 8.2% → 5.1%). Calculated
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Net result improved
Net result -1.01m NOK → -177.7k NOK (net margin 5.0% → 1.0%). Calculated
What deteriorated
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Equity eroded
Book equity -2.35m NOK → -2.53m NOK (equity ratio -16.2% → -25.4%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -25.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation