A-BAD AS: årsregnskap 2005 vs 2004
Shrank 83% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A-BAD AS. Revenue 1.95m NOK → 332.7k NOK (-82.9%). Equity 768.8k NOK → 686.9k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A-BAD AS.
At a glance
Scorecard
Revenue
1.95m NOK
332.7k NOK
-82.9%
Operating result
+825.4k NOK
n/m
—
Net result
+691.2k NOK
n/m
—
Equity
768.8k NOK
686.9k NOK
-10.7%
Total assets
1.78m NOK
1.02m NOK
-42.7%
What improved
-
↑
Current ratio back above 1×
Current ratio 0.34× → 1.58×. Calculated
-
↑
Payroll decreased
Salary cost 75.4k NOK → 50.3k NOK (4% → 15% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.95m NOK to 332.7k NOK (-82.9% YoY). Calculated
-
↓
Equity eroded
Book equity 768.8k NOK → 686.9k NOK (equity ratio 43.3% → 67.5%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 500.5k NOK → 4 500 NOK. Reported fact