AK BÅT OG BIL AS: årsregnskap 2005 vs 2004
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AK BÅT OG BIL AS. Revenue 0 NOK → 48.3k NOK. Net result -274.4k NOK → -197.2k NOK. Equity 789.8k NOK → 592.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AK BÅT OG BIL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 48.3k NOK. Calculated
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↑
Operating result improved
Operating result -446.5k NOK → -216.6k NOK. Calculated
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↑
Net result improved
Net result -274.4k NOK → -197.2k NOK. Calculated
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↑
Cash rose
Bank deposits 19.8k NOK → 68.3k NOK (+245.8% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 789.8k NOK → 592.6k NOK (equity ratio 61.7% → 73.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.35× → 0.84× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4 NOK → 628.1k NOK. Reported fact