ACHILLES FINANS AS: årsregnskap 1994 vs 1993
Stronger earnings
Summary
What changed
Comparing Årsregnskap 1994 with 1993 for ACHILLES FINANS AS. Net result +195.1k NOK → +272.1k NOK. Equity 373.4k NOK → 434.5k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACHILLES FINANS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +355.4k NOK → +538.9k NOK. Calculated
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↑
Net result improved
Net result +195.1k NOK → +272.1k NOK. Calculated
-
↑
Equity strengthened
Book equity 373.4k NOK → 434.5k NOK (equity ratio 49.7% → 1419.9%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 2.03× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 148.5k NOK → 751.3k NOK. Reported fact