3G UTVIKLING AS: årsregnskap 2013 vs 2012
Mixed movements in the accounts
approved 2014-11-27; registry 2014-12-01; journal 2014 876498
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 3G UTVIKLING AS. Equity -439.3k NOK → -512.7k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3G UTVIKLING AS.
At a glance
Scorecard
Net result
-511.1k NOK
n/m
—
Equity
-439.3k NOK
-512.7k NOK
-16.7%
Cash
895.9k NOK
694.9k NOK
-22.4%
Total assets
21.4k NOK
694 NOK
-96.8%
What deteriorated
-
↓
Equity eroded
Book equity -439.3k NOK → -512.7k NOK (equity ratio -2053.4% → -73871.2%). Calculated
-
↓
Cash fell
Bank deposits 895.9k NOK → 694.9k NOK (-22.4% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -73871.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation