ADVOKAT BERGESEN AS: årsregnskap 2005 vs 2004
Stronger earnings, cash halved-plus, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADVOKAT BERGESEN AS. Revenue 0 NOK → 188.7k NOK. Net result 0 NOK → +72.6k NOK. Equity 0 NOK → 1.86m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for ADVOKAT BERGESEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 0 NOK to 188.7k NOK. Calculated
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Net result improved
Net result 0 NOK → +72.6k NOK. Calculated
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Equity strengthened
Book equity 0 NOK → 1.86m NOK. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 3.52m NOK → 10 NOK (-100.0% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 5229.67× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (3.52m NOK → 10 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS moved
COGS / varekostnad 7 NOK → 15.2k NOK (+217157.1% YoY). Calculated