LERØY SEAFOOD GROUP ASA: årsregnskap 1996 vs 1995
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1996 with 1995 for LERØY SEAFOOD GROUP ASA. Equity 495.4k NOK → 296.4k NOK.
On the constructive side: 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 LERØY SEAFOOD GROUP ASA.
At a glance
Scorecard
Operating result
0 NOK
+3 034 NOK
—
Equity
495.4k NOK
296.4k NOK
-40.2%
Total assets
2 073 NOK
17.63m NOK
+850234.5%
What improved
-
↑
Operating result improved
Operating result 0 NOK → +3 034 NOK. Calculated
-
↑
Current ratio back above 1×
Current ratio 0.05× → 4.20×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 495.4k NOK → 296.4k NOK (equity ratio 23895.4% → 1.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation