A.C.T. AS: årsregnskap 2004 vs 2003
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A.C.T. AS. Revenue 2.55m NOK → 2.52m NOK (-1.3%). Equity -1.88m NOK → -2.88m 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 A.C.T. AS.
At a glance
Scorecard
Revenue
2.55m NOK
2.52m NOK
-1.3%
Operating result
+807.3k NOK
-1.21m NOK
-249.7%
Net result
-1.12m NOK
n/m
—
Equity
-1.88m NOK
-2.88m NOK
-53.2%
Total assets
26.01m NOK
11.82m NOK
-54.6%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.55m NOK to 2.52m NOK (-1.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +807.3k NOK → -1.21m NOK (op. margin 31.6% → -48.0%). Calculated
-
↓
Equity eroded
Book equity -1.88m NOK → -2.88m NOK (equity ratio -7.2% → -24.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -24.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation