A/S Huse-Sporsem: årsregnskap 2006 vs 2005
Cash halved-plus
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A/S Huse-Sporsem. Equity 42.9k NOK → -49.2k NOK.
Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Huse-Sporsem.
At a glance
Scorecard
Operating result
n/m
+89.9k NOK
—
Equity
42.9k NOK
-49.2k NOK
-214.6%
Cash
30.0k NOK
2 097 NOK
-93.0%
Total assets
45.5k NOK
58.2k NOK
+27.9%
What deteriorated
-
↓
Equity eroded
Book equity 42.9k NOK → -49.2k NOK (equity ratio 94.4% → -84.5%). Calculated
-
↓
Cash fell
Bank deposits 30.0k NOK → 2 097 NOK (-93.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 14.11× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -84.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation