2M-INVEST AS: årsregnskap 2013 vs 2012
Shrank 11% on revenue, cash halved-plus
approved 2014-06-23; registry 2014-06-26; journal 2014 515792
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 2M-INVEST AS. Revenue 558.6k NOK → 498.8k NOK (-10.7%). Net result +2 012 NOK → +2 013 NOK. Equity 36.64m NOK → 36.88m NOK.
On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 2M-INVEST AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 36.64m NOK → 36.88m NOK (equity ratio 89.8% → 92.9%). Calculated
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↑
Owners injected capital
Paid-in equity rose 2.59m NOK → 2.74m NOK (+150.0k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 558.6k NOK to 498.8k NOK (-10.7% YoY). Calculated
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↓
Cash fell
Bank deposits 12.80m NOK → 2.68m NOK (-79.1% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (12.80m NOK → 2.68m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 10.21m NOK → 3 000 NOK. Reported fact