AHLSELL NORGE AS: årsregnskap 1993 vs 1992
Shrank 24% on revenue
Summary
What changed
Comparing Årsregnskap 1993 with 1992 for AHLSELL NORGE AS. Revenue 6.35m NOK → 4.81m NOK (-24.2%). Net result -2.70m NOK → -2.91m NOK. Equity 347.6k NOK → -438.2k NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AHLSELL NORGE AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.35m NOK to 4.81m NOK (-24.2% YoY). Calculated
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↓
Net result weakened
Net result -2.70m NOK → -2.91m NOK (net margin -42.5% → -60.6%). Calculated
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↓
Equity eroded
Book equity 347.6k NOK → -438.2k NOK (equity ratio 7.0% → -7.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.03× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -7.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation