AKER CAPITAL AS: årsregnskap 2005 vs 2004
Weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AKER CAPITAL AS. Net result +2.00m NOK → +6 640 NOK. Equity 1.70m NOK → 2 NOK.
On the constructive side: owners injected capital. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKER CAPITAL AS.
At a glance
Scorecard
Operating result
n/m
-75.7k NOK
—
Net result
+2.00m NOK
+6 640 NOK
-99.7%
Equity
1.70m NOK
2 NOK
-100.0%
Total assets
1.70m NOK
1.61bn NOK
+94703.2%
What improved
-
↑
Owners injected capital
Paid-in equity rose 1.70m NOK → 1.46bn NOK (+1.45bn NOK). Reported fact
What deteriorated
-
↓
Net result weakened
Net result +2.00m NOK → +6 640 NOK. Calculated
-
↓
Equity eroded
Book equity 1.70m NOK → 2 NOK (equity ratio 100.0% → 0.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation