AKERSHUS RENHOLD AS: årsregnskap 1994 vs 1993
Shrank 22% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1994 with 1993 for AKERSHUS RENHOLD AS. Revenue 18.67m NOK → 14.57m NOK (-21.9%). Net result +699.0k NOK → +499.9k NOK. Equity -1.12m NOK → -1.26m NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSHUS RENHOLD AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio -1.09× → 1.23×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 18.67m NOK to 14.57m NOK (-21.9% YoY). Calculated
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↓
Operating result weakened
Operating result +645.2k NOK → +472.2k NOK (op. margin 3.5% → 3.2%). Calculated
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↓
Net result weakened
Net result +699.0k NOK → +499.9k NOK (net margin 3.7% → 3.4%). Calculated
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↓
Equity eroded
Book equity -1.12m NOK → -1.26m NOK (equity ratio -22.0% → -27.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -27.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation