MAGNORA ASA: årsregnskap 2006 vs 2005
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for MAGNORA ASA. Equity 715.78m NOK → 389.86m NOK.
On the constructive side: current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for MAGNORA ASA.
At a glance
Scorecard
Revenue
0 NOK
n/m
—
Operating result
-42.99m NOK
n/m
—
Equity
715.78m NOK
389.86m NOK
-45.5%
Total assets
733.00m NOK
739.12m NOK
+0.8%
What improved
-
↑
Current ratio back above 1×
Current ratio 0.00× → 2.44×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 715.78m NOK → 389.86m NOK (equity ratio 97.7% → 52.7%). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 714.13m NOK → 15.42m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 918.03m NOK → 472.62m NOK. Reported fact