ADVANCED ASSET MANAGEMENT AS: årsregnskap 2005 vs 2004
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADVANCED ASSET MANAGEMENT AS. Equity 416 NOK → 1 655 NOK.
On the constructive side: equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVANCED ASSET MANAGEMENT AS.
At a glance
Scorecard
Operating result
n/m
-151.2k NOK
—
Equity
416 NOK
1 655 NOK
+297.8%
Total assets
165 NOK
11.2k NOK
+6692.1%
What improved
-
↑
Equity strengthened
Book equity 416 NOK → 1 655 NOK (equity ratio 252.1% → 14.8%). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.32× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 338 NOK → 2 581 NOK. Reported fact