NEKKAR ASA: årsregnskap 1993 vs 1992
Shrank 79% on revenue
Summary
What changed
Comparing Årsregnskap 1993 with 1992 for NEKKAR ASA. Revenue 1.91m NOK → 408.7k NOK (-78.6%). Equity 417.9k NOK → 119.2k 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 NEKKAR ASA.
At a glance
Scorecard
Revenue
1.91m NOK
408.7k NOK
-78.6%
Operating result
+325.3k NOK
+146.0k NOK
-55.1%
Equity
417.9k NOK
119.2k NOK
-71.5%
Total assets
1.74m NOK
2.12m NOK
+21.7%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.91m NOK to 408.7k NOK (-78.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +325.3k NOK → +146.0k NOK (op. margin 17.1% → 35.7%). Calculated
-
↓
Equity eroded
Book equity 417.9k NOK → 119.2k NOK (equity ratio 24.0% → 5.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation