4 1/2 FIKSJON AS: årsregnskap 2005 vs 2004
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for 4 1/2 FIKSJON AS. Equity 121.2k NOK → 9 917 NOK.
Pressures included: equity eroded; payroll up without matching revenue.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4 1/2 FIKSJON AS.
At a glance
Scorecard
Revenue
n/m
0 NOK
—
Equity
121.2k NOK
9 917 NOK
-91.8%
Total assets
863.3k NOK
17.29m NOK
+1903.1%
What deteriorated
-
↓
Equity eroded
Book equity 121.2k NOK → 9 917 NOK (equity ratio 14.0% → 0.1%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 004 NOK → 5.75m NOK. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation