ABAKUS NORGE AS: årsregnskap 2005 vs 2004
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABAKUS NORGE AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 9 052 NOK → -2 801 NOK.
Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABAKUS NORGE AS.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
+14.3k NOK
n/m
—
Net result
+11.3k NOK
n/m
—
Equity
9 052 NOK
-2 801 NOK
-130.9%
Total assets
30.9k NOK
31.9k NOK
+3.5%
What deteriorated
-
↓
Equity eroded
Book equity 9 052 NOK → -2 801 NOK (equity ratio 29.3% → -8.8%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.41× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -8.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation