AI BUSINESS LAB AS: årsregnskap 2005 vs 2004
Shrank 97% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AI BUSINESS LAB AS. Revenue 9.35m NOK → 275.3k NOK (-97.1%). Net result +520.1k NOK → -1.69m NOK. Equity 982.6k NOK → 1.83m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AI BUSINESS LAB AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 982.6k NOK → 1.83m NOK (equity ratio 21.0% → 25.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 9.35m NOK to 275.3k NOK (-97.1% YoY). Calculated
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↓
Operating result weakened
Operating result +385.9k NOK → -1.46m NOK (op. margin 4.1% → -531.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 520.1k NOK profit to a loss of 1.69m NOK. Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.08× → 0.23× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost -3.65m NOK → -747.1k NOK (-39% → -271% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 338.5k NOK → 172.0k NOK. Reported fact