NEXT BIOMETRICS GROUP ASA: årsregnskap 2005 vs 2004
Shrank 100% on revenue, weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for NEXT BIOMETRICS GROUP ASA. Revenue 56.5k NOK → 0 NOK (-100.0%). Net result -1.64m NOK → -3.56m NOK. Equity 494.6k NOK → 32.6k NOK.
On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for NEXT BIOMETRICS GROUP ASA.
At a glance
Scorecard
What improved
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Owners injected capital
Paid-in equity rose 1 192 NOK → 2.64m NOK (+2.64m NOK). Reported fact
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Payroll decreased
Salary cost 1.19m NOK → 1 NOK. Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 56.5k NOK to 0 NOK (-100.0% YoY). Calculated
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Operating result weakened
Operating result -1.67m NOK → -3.58m NOK. Calculated
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Net result weakened
Net result -1.64m NOK → -3.56m NOK. Calculated
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Equity eroded
Book equity 494.6k NOK → 32.6k NOK (equity ratio 54.3% → 7.4%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 7.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation