ULSTEIN GROUP ASA: årsregnskap 2004 vs 2003
Shrank 100% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ULSTEIN GROUP ASA. Revenue 692595075.55bn NOK → 0 NOK (-100.0%). Equity 601603303.61bn NOK → 613840215.61bn NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ULSTEIN GROUP ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 601603303.61bn NOK → 613840215.61bn NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 692595075.55bn NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.01× → 0.73× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 182499600.18bn NOK → 182429869.18bn NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 706977503.79bn NOK → 787254662.68bn NOK. Reported fact