10 X HOLDING AS: årsregnskap 2014 vs 2013
Slipped into loss
approved 2015-07-07; registry 2015-07-22; journal 2015 625989
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 10 X HOLDING AS. Net result +166.2k NOK → -29.3k NOK. Equity 9.22m NOK → 97.3k NOK.
On the constructive side: cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 10 X HOLDING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 70 NOK → 38.0k NOK (+54144.3% YoY). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 166.2k NOK profit to a loss of 29.3k NOK. Calculated
-
↓
Equity eroded
Book equity 9.22m NOK → 97.3k NOK (equity ratio 6228.3% → 234.6%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 223.5k NOK → 21.4k NOK — check capital reduction, conversion, or reclassification. Interpretation