NUSSIR ASA: årsregnskap 2005 vs 2004
Slipped into loss
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for NUSSIR ASA. Net result +35.7k NOK → -89.2k NOK. Equity 51.16m NOK → 67 NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for NUSSIR ASA.
At a glance
Scorecard
Revenue
n/m
394.0k NOK
—
Operating result
-361.2k NOK
-123.8k NOK
+65.7%
Net result
+35.7k NOK
-89.2k NOK
-349.8%
Equity
51.16m NOK
67 NOK
-100.0%
Cash
31.1k NOK
n/m
—
Total assets
156.2k NOK
190.9k NOK
+22.2%
What improved
-
↑
Operating result improved
Operating result -361.2k NOK → -123.8k NOK. Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 35.7k NOK profit to a loss of 89.2k NOK. Calculated
-
↓
Equity eroded
Book equity 51.16m NOK → 67 NOK (equity ratio 32742.1% → 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