ACASO INVEST AS: årsregnskap 2005 vs 2004
Grew 79860% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ACASO INVEST AS. Revenue 3 215 NOK → 2.57m NOK (+79860.2%). Net result +258.9k NOK → -780.0k NOK. Equity 151.0k NOK → -681.0k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ACASO INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3 215 NOK to 2.57m NOK (+79860.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 43.93×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +138.0k NOK → -612.1k NOK (op. margin 4293.9% → -23.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 258.9k NOK profit to a loss of 780.0k NOK. Calculated
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↓
Equity eroded
Book equity 151.0k NOK → -681.0k NOK (equity ratio 5669.8% → -39.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -39.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 350 NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 4 457 NOK → 218.3k NOK (139% → 8% of revenue). Calculated
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COGS moved
COGS / varekostnad 2 037 NOK → 2.14m NOK (+104892.6% YoY). Calculated
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Book investments changed
Investment / intangible book value 207.1k NOK → 207 NOK. Reported fact