AGNEFESTVEIEN 4 AS: årsregnskap 1992 vs 1991
Shrank 27% on revenue
Summary
What changed
Comparing Årsregnskap 1992 with 1991 for AGNEFESTVEIEN 4 AS. Revenue 691.8k NOK → 502.8k NOK (-27.3%). Net result +81.3k NOK → +87.0k NOK. Equity 103.1k NOK → 16.1k NOK.
On the constructive side: net result improved. 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 AGNEFESTVEIEN 4 AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +81.3k NOK → +87.0k NOK (net margin 11.8% → 17.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 691.8k NOK to 502.8k NOK (-27.3% YoY). Calculated
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↓
Operating result weakened
Operating result +508.8k NOK → +333.7k NOK (op. margin 73.6% → 66.4%). Calculated
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↓
Equity eroded
Book equity 103.1k NOK → 16.1k NOK. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation