ACCION AS: årsregnskap 1996 vs 1995
Shrank 21% on revenue
Summary
What changed
Comparing Årsregnskap 1996 with 1995 for ACCION AS. Revenue 332.7k NOK → 264.4k NOK (-20.5%). Equity 109.0k NOK → 33.3k 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 ACCION AS.
At a glance
Scorecard
Revenue
332.7k NOK
264.4k NOK
-20.5%
Operating result
+214.2k NOK
+72.1k NOK
-66.4%
Equity
109.0k NOK
33.3k NOK
-69.4%
Total assets
2.05m NOK
2.36m NOK
+15.1%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 332.7k NOK to 264.4k NOK (-20.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +214.2k NOK → +72.1k NOK (op. margin 64.4% → 27.3%). Calculated
-
↓
Equity eroded
Book equity 109.0k NOK → 33.3k NOK (equity ratio 5.3% → 1.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation