ADMIN AS: årsregnskap 1996 vs 1995
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1996 with 1995 for ADMIN AS. Equity 283.5k NOK → 39.4k NOK.
On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADMIN AS.
At a glance
Scorecard
Operating result
+230.4k NOK
+178.6k NOK
-22.5%
Equity
283.5k NOK
39.4k NOK
-86.1%
Total assets
1.21m NOK
1.30m NOK
+6.8%
What improved
-
↑
Current ratio back above 1×
Current ratio 0.94× → 6.15×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +230.4k NOK → +178.6k NOK. Calculated
-
↓
Equity eroded
Book equity 283.5k NOK → 39.4k NOK (equity ratio 23.4% → 3.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation