12MR FRAMNÆS AS: årsregnskap 2014 vs 2013
A steady year on the published lines
approved 2015-06-29; registry 2015-07-23; journal 2015 633006
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 12MR FRAMNÆS AS. Revenue 321.8k NOK → 316.8k NOK (-1.5%). Equity -19.29m NOK → -20.20m NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 12MR FRAMNÆS AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 172.8k NOK → 383.8k NOK (+122.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.11× → 1.41×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 321.8k NOK to 316.8k NOK (-1.5% YoY). Calculated
-
↓
Equity eroded
Book equity -19.29m NOK → -20.20m NOK (equity ratio -207.8% → -229.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -229.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation