A. GULLAKSEN AS: årsregnskap 2005 vs 2004
Shrank 11% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A. GULLAKSEN AS. Revenue 583.2k NOK → 519.3k NOK (-11.0%). Equity 259.1k NOK → 551.2k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. GULLAKSEN AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 259.1k NOK → 551.2k NOK (equity ratio 10.1% → 22.3%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 583.2k NOK to 519.3k NOK (-11.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.08× → 0.10× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 424.3k NOK → 564.2k NOK. Reported fact