AKER CAPITAL SPV AS: årsregnskap 2005 vs 2004
Returned to profit
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AKER CAPITAL SPV AS. Net result -965.0k NOK → +2 005 NOK. Equity 29.37m NOK → 3 NOK.
On the constructive side: turned profitable. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKER CAPITAL SPV AS.
At a glance
Scorecard
Operating result
-622.6k NOK
-1.28m NOK
-105.7%
Net result
-965.0k NOK
+2 005 NOK
+100.2%
Equity
29.37m NOK
3 NOK
-100.0%
Total assets
30.53m NOK
28.68m NOK
-6.1%
What improved
-
↑
Turned profitable
Net result flipped from a loss of 965.0k NOK to a profit of 2 005 NOK. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -622.6k NOK → -1.28m NOK. Calculated
-
↓
Equity eroded
Book equity 29.37m NOK → 3 NOK (equity ratio 96.2% → 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