Org.nr 994 764 888 2012 → 2013 Year-over-year analysis

2COM AS: årsregnskap 2013 vs 2012

Weaker earnings

approved 2014-06-11; registry 2014-08-14; journal 2014 656716

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for 2COM AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +284.0k NOK → +11 NOK. Equity 746.2k NOK → 5 252 NOK.

On the constructive side: cash rose. Pressures included: net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 2COM AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
n/m -13.6k NOK
—
Net result
+284.0k NOK +11 NOK
-100.0%
Equity
746.2k NOK 5 252 NOK
-99.3%
Cash
51.9k NOK 149.0k NOK
+187.0%
Total assets
1.46m NOK 1.60m NOK
+9.9%

What improved

  • ↑

    Cash rose

    Bank deposits 51.9k NOK → 149.0k NOK (+187.0% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +284.0k NOK → +11 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 746.2k NOK → 5 252 NOK (equity ratio 51.2% → 0.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.32m NOK → 1.37m NOK. Reported fact