FirmaIQ
Org.nr 982 372 143 2004 → 2005 Year-over-year analysis

HÅBJØRG INVEST AS: årsregnskap 2005 vs 2004

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for HÅBJØRG INVEST AS. Revenue 226.8k NOK → 226.8k NOK (0.0%). Net result -3 612 NOK → -37.8k NOK. Equity 37.5k NOK → -276 NOK.

On the constructive side: payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for HÅBJØRG INVEST AS.

At a glance

Scorecard

Revenue
226.8k NOK 226.8k NOK
0.0%
Operating result
-3 041 NOK -37.3k NOK
-1127.2%
Net result
-3 612 NOK -37.8k NOK
-945.2%
Equity
37.5k NOK -276 NOK
-100.7%
Total assets
59.9k NOK 4 724 NOK
-92.1%

What improved

  • ↑

    Payroll decreased

    Salary cost 3.14m NOK → 3 138 NOK (1383% → 1% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3 041 NOK → -37.3k NOK (op. margin -1.3% → -16.5%). Calculated

  • ↓

    Net result weakened

    Net result -3 612 NOK → -37.8k NOK (net margin -1.6% → -16.6%). Calculated

  • ↓

    Equity eroded

    Book equity 37.5k NOK → -276 NOK (equity ratio 62.6% → -5.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.07× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation