5 X H MOTE NATIONAL AS: årsregnskap 2013 vs 2012
Slipped into loss, cash halved-plus
approved 2014-04-24; registry 2014-08-26; journal 2014 712358
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 5 X H MOTE NATIONAL AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +1.44m NOK → -17.1k NOK. Equity 397.1k NOK → 1.38m NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: fell into a net loss; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 5 X H MOTE NATIONAL AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 397.1k NOK → 1.38m NOK (equity ratio 181.3% → 78.3%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.67× → 2.28×. Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 1.44m NOK profit to a loss of 17.1k NOK. Calculated
-
↓
Cash fell
Bank deposits 491.3k NOK → 5 248 NOK (-98.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 665.9k NOK → 890.1k NOK. Reported fact