7FJELL VENTURES AS: årsregnskap 2013 vs 2012
Weaker earnings
approved 2014-04-15; registry 2014-05-14; journal 2014 396378
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 7FJELL VENTURES AS. Net result +466.8k NOK → +362.4k NOK. Equity 815.0k NOK → 1 377 NOK.
On the constructive side: current ratio back above 1×. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 7FJELL VENTURES AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.80× → 409.89×. Calculated
What deteriorated
-
↓
Net result weakened
Net result +466.8k NOK → +362.4k NOK. Calculated
-
↓
Equity eroded
Book equity 815.0k NOK → 1 377 NOK (equity ratio 199.6% → 0.4%). Calculated
-
↓
Cash fell
Bank deposits 475.7k NOK → 446.0k NOK (-6.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation