88 HOLDING AS: årsregnskap 2013 vs 2012
Shrank 100% on revenue
approved 2014-06-16; registry 2014-09-11; journal 2014 820235
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for 88 HOLDING AS. Revenue 590.0k NOK → 990 NOK (-99.8%). Equity 3.17m NOK → 4.27m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 88 HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 3.17m NOK → 4.27m NOK (equity ratio 18.3% → 23.0%). Calculated
-
↑
Cash rose
Bank deposits 11.5k NOK → 268.4k NOK (+2243.6% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.07× → 2.99×. Calculated
-
↑
Payroll decreased
Salary cost 375.7k NOK → 6 NOK (64% → 1% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 590.0k NOK to 990 NOK (-99.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 15.21m NOK → 16.50m NOK. Reported fact