A T MASKIN AS: årsregnskap 2004 vs 2003
Returned to profit
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A T MASKIN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -64.7k NOK → +3 NOK. Equity 54.5k NOK → -28.4k NOK.
On the constructive side: turned profitable. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A T MASKIN AS.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
-64.2k NOK
n/m
—
Net result
-64.7k NOK
+3 NOK
+100.0%
Equity
54.5k NOK
-28.4k NOK
-152.1%
Cash
1 113 NOK
n/m
—
Total assets
261.1k NOK
201.6k NOK
-22.8%
What improved
-
↑
Turned profitable
Net result flipped from a loss of 64.7k NOK to a profit of 3 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 54.5k NOK → -28.4k NOK (equity ratio 20.9% → -14.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -14.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation