ACIER AS: årsregnskap 2005 vs 2004
Returned to profit
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ACIER AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -24.8k NOK → +5.23m NOK. Equity 248.7k NOK → 479.2k NOK.
On the constructive side: turned profitable; equity strengthened; current ratio back above 1×.
Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ACIER AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 24.8k NOK to a profit of 5.23m NOK. Calculated
-
↑
Equity strengthened
Book equity 248.7k NOK → 479.2k NOK (equity ratio 76.2% → 2.9%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.02× → 144.27×. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 2.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 248.7k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 325.0k NOK → 133.6k NOK. Reported fact