ABU INVEST AS: årsregnskap 2004 vs 2003
Another loss-making year
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABU INVEST AS. Equity 484.7k NOK → 374.0k NOK.
Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABU INVEST AS.
At a glance
Scorecard
Operating result
+121.6k NOK
-49.1k NOK
-140.4%
Net result
n/m
-110.7k NOK
—
Equity
484.7k NOK
374.0k NOK
-22.8%
Total assets
4.37m NOK
4.16m NOK
-4.8%
What deteriorated
-
↓
Operating result weakened
Operating result +121.6k NOK → -49.1k NOK. Calculated
-
↓
Equity eroded
Book equity 484.7k NOK → 374.0k NOK (equity ratio 11.1% → 9.0%). Calculated
-
↓
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
-
·
Thin equity buffer
Equity ratio is 9.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation