ABACUS FINANS AS: årsregnskap 2004 vs 2003
Cash halved-plus
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABACUS FINANS AS. Net result +284.8k NOK → +248.3k NOK. Equity 86.3k NOK → 1.83m NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABACUS FINANS AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 86.3k NOK → 1.83m NOK (equity ratio 6.9% → 95.0%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -26.3k NOK → -87.7k NOK. Calculated
-
↓
Net result weakened
Net result +284.8k NOK → +248.3k NOK. Calculated
-
↓
Cash fell
Bank deposits 238.3k NOK → 24.5k NOK (-89.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.91× → 0.01× — 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 1.00m NOK → 906.9k NOK. Reported fact