AIBEL AS: årsregnskap 2005 vs 2004
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AIBEL AS. Equity 519.2k NOK → 11.54m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AIBEL AS.
At a glance
Scorecard
Revenue
n/m
7.60bn NOK
—
Operating result
+79.1k NOK
+109.9k NOK
+39.0%
Equity
519.2k NOK
11.54m NOK
+2121.8%
Cash
482.1k NOK
536.5k NOK
+11.3%
Total assets
n/m
4.27bn NOK
—
What improved
-
↑
Operating result improved
Operating result +79.1k NOK → +109.9k NOK. Calculated
-
↑
Equity strengthened
Book equity 519.2k NOK → 11.54m NOK. Calculated
-
↑
Cash rose
Bank deposits 482.1k NOK → 536.5k NOK (+11.3% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 11.6k NOK → 81.3k NOK. Reported fact