AGM AS: årsregnskap 2005 vs 2004
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AGM AS. Equity 803.1k NOK → 272.7k NOK.
Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGM AS.
At a glance
Scorecard
Revenue
16.5k NOK
n/m
—
Equity
803.1k NOK
272.7k NOK
-66.0%
Total assets
2.56m NOK
2.00m NOK
-21.7%
What deteriorated
-
↓
Equity eroded
Book equity 803.1k NOK → 272.7k NOK (equity ratio 31.4% → 13.6%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 708.6k NOK → 341.8k NOK. Reported fact