3B FLISLEGGER AS: årsregnskap 2013 vs 2012
Shrank 33% on revenue, cash halved-plus
approved 2014-06-30; registry 2014-09-04; journal 2014 764925
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 3B FLISLEGGER AS. Revenue 6.21m NOK → 4.17m NOK (-32.9%). Equity 688.6k NOK → -278.5k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 3B FLISLEGGER AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 2.80m NOK → 1 NOK (45% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.21m NOK to 4.17m NOK (-32.9% YoY). Calculated
-
↓
Equity eroded
Book equity 688.6k NOK → -278.5k NOK (equity ratio 32.9% → -31.1%). Calculated
-
↓
Cash fell
Bank deposits 991.6k NOK → 169.7k NOK (-82.9% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.64× → 0.59× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
COGS moved
COGS / varekostnad 1.59m NOK → 1.63m NOK (+2.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -31.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 10.4k NOK → 4 553 NOK. Reported fact