A TIL Å ENTREPRENØR AS: årsregnskap 2005 vs 2004
Slipped into loss
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A TIL Å ENTREPRENØR AS. Revenue 30.12m NOK → 30.85m NOK (+2.4%). Net result +789.0k NOK → -209.3k NOK. Equity 835 NOK → 352.5k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: fell into a net loss; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for A TIL Å ENTREPRENØR AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 30.12m NOK to 30.85m NOK (+2.4% YoY). Calculated
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↑
Equity strengthened
Book equity 835 NOK → 352.5k NOK (equity ratio 0.0% → 2.8%). Calculated
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↑
Cash rose
Bank deposits 133.3k NOK → 155.3k NOK (+16.5% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 789.0k NOK profit to a loss of 209.3k NOK. Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.04× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 400.0k NOK → 550 NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost -6.78m NOK → 3 NOK (-23% → 0% of revenue). Calculated
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COGS moved
COGS / varekostnad -19.44m NOK → 17.40m NOK (+189.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 425 NOK → 425.0k NOK. Reported fact