3T TEAM AS: årsregnskap 2013 vs 2012
Mixed movements in the accounts
approved 2014-05-26; registry 2014-06-14; journal 2014 456665
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 3T TEAM AS. Equity 817.1k NOK → 464.6k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3T TEAM AS.
At a glance
Scorecard
Revenue
n/m
267.8k NOK
—
Operating result
n/m
+252.6k NOK
—
Equity
817.1k NOK
464.6k NOK
-43.1%
Cash
1.41m NOK
849.4k NOK
-39.9%
Total assets
9.83m NOK
9.24m NOK
-6.0%
What deteriorated
-
↓
Equity eroded
Book equity 817.1k NOK → 464.6k NOK (equity ratio 8.3% → 5.0%). Calculated
-
↓
Cash fell
Bank deposits 1.41m NOK → 849.4k NOK (-39.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 5.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation