ACRYLICON INDUSTRIGULV AS: årsregnskap 2005 vs 2004
Slipped into loss
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ACRYLICON INDUSTRIGULV AS. Revenue 0 NOK → 8.76m NOK. Net result 0 NOK → -769.5k NOK. Equity 100.0k NOK → -669.5k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACRYLICON INDUSTRIGULV AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 8.76m NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result 0 NOK → -1.06m NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 0 NOK profit to a loss of 769.5k NOK. Calculated
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↓
Equity eroded
Book equity 100.0k NOK → -669.5k NOK (equity ratio 90.9% → -123.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 11.00× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -123.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 0 NOK → 2.29m NOK. Calculated
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·
COGS moved
COGS / varekostnad 0 NOK → 5.22m NOK (None YoY). Calculated