ABEL FINANS AS: årsregnskap 1994 vs 1993
Shrank 32% on revenue
Summary
What changed
Comparing Årsregnskap 1994 with 1993 for ABEL FINANS AS. Revenue 212.1k NOK → 145.0k NOK (-31.6%). Equity 575.0k NOK → 493.7k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
212.1k NOK
145.0k NOK
-31.6%
Operating result
+75.1k NOK
+24.8k NOK
-67.1%
Equity
575.0k NOK
493.7k NOK
-14.1%
Total assets
831.2k NOK
713.0k NOK
-14.2%
What improved
-
↑
Current ratio back above 1×
Current ratio 0.46× → 2.97×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 212.1k NOK to 145.0k NOK (-31.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +75.1k NOK → +24.8k NOK (op. margin 35.4% → 17.1%). Calculated
-
↓
Equity eroded
Book equity 575.0k NOK → 493.7k NOK (equity ratio 69.2% → 69.2%). Calculated