ACASO INVEST AS: årsregnskap 2006 vs 2005
Shrank 6% on revenue, weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ACASO INVEST AS. Revenue 2.57m NOK → 2.41m NOK (-6.2%). Net result -780.0k NOK → -1.28m NOK. Equity -681.0k NOK → -1.96m NOK.
On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACASO INVEST AS.
At a glance
Scorecard
What improved
-
↑
Owners injected capital
Paid-in equity rose 350 NOK → 350.0k NOK (+349.6k NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.57m NOK to 2.41m NOK (-6.2% YoY). Calculated
-
↓
Operating result weakened
Operating result -612.1k NOK → -1.10m NOK (op. margin -23.8% → -45.6%). Calculated
-
↓
Net result weakened
Net result -780.0k NOK → -1.28m NOK (net margin -30.3% → -53.0%). Calculated
-
↓
Equity eroded
Book equity -681.0k NOK → -1.96m NOK (equity ratio -39.7% → -935.4%). Calculated
-
↓
Cash fell
Bank deposits 23.0k NOK → 99 NOK (-99.6% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -935.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation