4 LIKE AS: årsregnskap 2013 vs 2012
Mixed movements in the accounts
approved 2014-08-28; registry 2014-10-20; journal 2014 867242
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 4 LIKE AS. Equity -448.3k NOK → -486.1k NOK.
Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4 LIKE AS.
At a glance
Scorecard
Revenue
0 NOK
n/m
—
Equity
-448.3k NOK
-486.1k NOK
-8.4%
Cash
0 NOK
3 NOK
—
Total assets
453.5k NOK
453.5k NOK
-0.0%
What deteriorated
-
↓
Equity eroded
Book equity -448.3k NOK → -486.1k NOK (equity ratio -98.8% → -107.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.01× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -107.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation