1000 MILE NORGE AS: årsregnskap 2005 vs 2004
Shrank 64% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for 1000 MILE NORGE AS. Revenue 5.31m NOK → 1.91m NOK (-64.1%). Equity -209.3k NOK → -491.3k NOK.
Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 1000 MILE NORGE AS.
At a glance
Scorecard
Revenue
5.31m NOK
1.91m NOK
-64.1%
Equity
-209.3k NOK
-491.3k NOK
-134.7%
Total assets
365.8k NOK
35.0k NOK
-90.4%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.31m NOK to 1.91m NOK (-64.1% YoY). Calculated
-
↓
Equity eroded
Book equity -209.3k NOK → -491.3k NOK (equity ratio -57.2% → -1402.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -1402.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 5.13m NOK → 1.69m NOK (-67.0% YoY). Calculated