ACHATES INVEST AS: årsregnskap 2006 vs 2005
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ACHATES INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -2 798 NOK → -256.1k NOK. Equity 97.2k NOK → -158.9k NOK.
Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACHATES INVEST AS.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
-2 807 NOK
n/m
—
Net result
-2 798 NOK
-256.1k NOK
-9054.6%
Equity
97.2k NOK
-158.9k NOK
-263.5%
Total assets
414.2k NOK
378.5k NOK
-8.6%
What deteriorated
-
↓
Net result weakened
Net result -2 798 NOK → -256.1k NOK. Calculated
-
↓
Equity eroded
Book equity 97.2k NOK → -158.9k NOK (equity ratio 23.5% → -42.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -42.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 2 413 NOK → 377.5k NOK. Reported fact