AGM AS: årsregnskap 1994 vs 1993
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1994 with 1993 for AGM AS. Equity 789.4k NOK → 242.9k NOK.
Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGM AS.
At a glance
Scorecard
Operating result
+13.72bn NOK
+1.87bn NOK
-86.4%
Equity
789.4k NOK
242.9k NOK
-69.2%
Total assets
2.44m NOK
2.51m NOK
+2.9%
What deteriorated
-
↓
Operating result weakened
Operating result +13.72bn NOK → +1.87bn NOK. Calculated
-
↓
Equity eroded
Book equity 789.4k NOK → 242.9k NOK (equity ratio 32.4% → 9.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 9.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation