AGRO EAST AS: årsregnskap 2006 vs 2005
Slipped into loss
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for AGRO EAST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +166.1k NOK → -40.8k NOK. Equity 7.25m NOK → 208.2k NOK.
On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGRO EAST AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.88× → 2.37×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -29.3k NOK → -58.9k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 166.1k NOK profit to a loss of 40.8k NOK. Calculated
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↓
Equity eroded
Book equity 7.25m NOK → 208.2k NOK (equity ratio 2113.0% → 9.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.1% 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 → 3.38m NOK. Reported fact