AHC SOLVANG UTVIKLING AS: årsregnskap 2004 vs 2003
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AHC SOLVANG UTVIKLING AS. Revenue 9 319 NOK → 9 319 NOK (0.0%). Equity 4 678 NOK → -22.2k NOK.
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 AHC SOLVANG UTVIKLING AS.
At a glance
Scorecard
Revenue
9 319 NOK
9 319 NOK
0.0%
Net result
+9 397 NOK
n/m
—
Equity
4 678 NOK
-22.2k NOK
-574.3%
Cash
1 983 NOK
n/m
—
Total assets
21.0k NOK
3 323 NOK
-84.1%
What deteriorated
-
↓
Equity eroded
Book equity 4 678 NOK → -22.2k NOK (equity ratio 22.3% → -667.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -667.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation