AGG INVEST AS: årsregnskap 2005 vs 2004
Shrank 79% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AGG INVEST AS. Revenue 2.55m NOK → 535.1k NOK (-79.0%). Net result +573.2k NOK → -18.5k NOK. Equity 256.0k NOK → 237.5k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGG INVEST AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.55m NOK to 535.1k NOK (-79.0% YoY). Calculated
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Operating result weakened
Operating result +872.0k NOK → -34.0k NOK (op. margin 34.2% → -6.4%). Calculated
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Fell into a net loss
Net result flipped from 573.2k NOK profit to a loss of 18.5k NOK. Calculated
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Equity eroded
Book equity 256.0k NOK → 237.5k NOK (equity ratio 10.0% → 10.2%). Calculated
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Current ratio dropped below 1×
Current ratio 6.61× → 0.68× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 6 240 NOK → 240.0k NOK. Reported fact