AKERSHUS HANDELSSELSKAP AS: årsregnskap 1994 vs 1993
Shrank 20% on revenue
Summary
What changed
Comparing Årsregnskap 1994 with 1993 for AKERSHUS HANDELSSELSKAP AS. Revenue 111.1k NOK → 88.8k NOK (-20.1%). Equity 949.8k NOK → 101.6k NOK.
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 AKERSHUS HANDELSSELSKAP AS.
At a glance
Scorecard
Revenue
111.1k NOK
88.8k NOK
-20.1%
Operating result
+924.1k NOK
+16.0k NOK
-98.3%
Equity
949.8k NOK
101.6k NOK
-89.3%
Total assets
2.16m NOK
2.98m NOK
+38.0%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 111.1k NOK to 88.8k NOK (-20.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +924.1k NOK → +16.0k NOK (op. margin 831.9% → 18.0%). Calculated
-
↓
Equity eroded
Book equity 949.8k NOK → 101.6k NOK (equity ratio 43.9% → 3.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation