AKEB AS: årsregnskap 1994 vs 1993
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1994 with 1993 for AKEB AS. Equity 135.4k NOK → 34.5k NOK.
Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKEB AS.
At a glance
Scorecard
Operating result
+54.6k NOK
n/m
—
Equity
135.4k NOK
34.5k NOK
-74.5%
Total assets
454.4k NOK
631.1k NOK
+38.9%
What deteriorated
-
↓
Equity eroded
Book equity 135.4k NOK → 34.5k NOK (equity ratio 29.8% → 5.5%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.27× → 0.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 5.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation