AGO EIENDOM AS: årsregnskap 2006 vs 2005
Another loss-making year
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for AGO EIENDOM AS. Equity -3 368 NOK → -6 567 NOK.
On the constructive side: operating result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGO EIENDOM AS.
At a glance
Scorecard
Operating result
-5 500 NOK
-3 200 NOK
+41.8%
Net result
n/m
-3 199 NOK
—
Equity
-3 368 NOK
-6 567 NOK
-95.0%
Total assets
4 612 NOK
7 NOK
-99.8%
What improved
-
↑
Operating result improved
Operating result -5 500 NOK → -3 200 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -3 368 NOK → -6 567 NOK (equity ratio -73.0% → -93814.3%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.37× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -93814.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation