ACUS AS: årsregnskap 2005 vs 2004
Slipped into loss
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ACUS AS. Revenue 0 NOK → 343.9k NOK. Net result +592.6k NOK → -3.34m NOK. Equity 492.6k NOK → -3.83m 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. All figures are taken from the published annual accounts for ACUS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 343.9k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +554.5k NOK → -3.22m NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 592.6k NOK profit to a loss of 3.34m NOK. Calculated
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↓
Equity eroded
Book equity 492.6k NOK → -3.83m NOK (equity ratio 60.3% → -118.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 37.93× → 0.74× — 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 -118.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 51.1k NOK → 2.12m NOK. Calculated