2CASA AS: årsregnskap 2013 vs 2012
Shrank 21% on revenue, cash halved-plus
approved 2014-09-25; registry 2014-10-07; journal 2014 863390
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 2CASA AS. Revenue 148.6k NOK → 117.0k NOK (-21.3%). Equity 117.5k NOK → -499.0k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2CASA AS.
At a glance
Scorecard
Revenue
148.6k NOK
117.0k NOK
-21.3%
Equity
117.5k NOK
-499.0k NOK
-524.8%
Cash
74.5k NOK
15.7k NOK
-78.9%
Total assets
5.33m NOK
4.76m NOK
-10.6%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 148.6k NOK to 117.0k NOK (-21.3% YoY). Calculated
-
↓
Equity eroded
Book equity 117.5k NOK → -499.0k NOK (equity ratio 2.2% → -10.5%). Calculated
-
↓
Cash fell
Bank deposits 74.5k NOK → 15.7k NOK (-78.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -10.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation