AGIO VENTURE AS: årsregnskap 2005 vs 2004
Shrank 100% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AGIO VENTURE AS. Revenue 89.0k NOK → 0 NOK (-100.0%). Equity -217.8k NOK → -364.0k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGIO VENTURE AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 89.0k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result -89.0k NOK → -146.2k NOK. Calculated
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↓
Equity eroded
Book equity -217.8k NOK → -364.0k NOK (equity ratio -158.0% → -168.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.44× → 0.16× — 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 -168.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 0 NOK → 5 146 NOK. Reported fact