AIC HOLDING AS: årsregnskap 1994 vs 1993
Grew 49% on revenue
Summary
What changed
Comparing Årsregnskap 1994 with 1993 for AIC HOLDING AS. Revenue 14.96m NOK → 22.28m NOK (+48.9%). Equity 875.7k NOK → 243.2k NOK.
On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIC HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 14.96m NOK to 22.28m NOK (+48.9% YoY). Calculated
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↑
Operating result improved
Operating result +652.6k NOK → +984.4k NOK (op. margin 4.4% → 4.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.97× → 1.11×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 875.7k NOK → 243.2k NOK (equity ratio 20.4% → 3.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation