ADCO EIENDOMMER AS: årsregnskap 1992 vs 1991
Another loss-making year
Summary
What changed
Comparing Årsregnskap 1992 with 1991 for ADCO EIENDOMMER AS. Revenue 696.6k NOK → 691.3k NOK (-0.8%). Equity 120.7k NOK → 100.1k 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 ADCO EIENDOMMER AS.
At a glance
Scorecard
Revenue
696.6k NOK
691.3k NOK
-0.8%
Operating result
+583.7k NOK
+468.1k NOK
-19.8%
Net result
n/m
-20.6k NOK
—
Equity
120.7k NOK
100.1k NOK
-17.0%
Total assets
3.86m NOK
3.82m NOK
-1.1%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 696.6k NOK to 691.3k NOK (-0.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +583.7k NOK → +468.1k NOK (op. margin 83.8% → 67.7%). Calculated
-
↓
Equity eroded
Book equity 120.7k NOK → 100.1k NOK (equity ratio 3.1% → 2.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation