88 INVEST AS: årsregnskap 2014 vs 2013
Weaker earnings
approved 2015-06-24; registry 2015-08-15; journal 2015 710258
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 88 INVEST AS. Net result +334.3k NOK → +58.1k NOK. Equity -621.9k NOK → -563.8k NOK.
On the constructive side: equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 88 INVEST AS.
At a glance
Scorecard
Operating result
n/m
-8 558 NOK
—
Net result
+334.3k NOK
+58.1k NOK
-82.6%
Equity
-621.9k NOK
-563.8k NOK
+9.3%
Cash
37.0k NOK
29.2k NOK
-20.9%
Total assets
2.10m NOK
1.82m NOK
-13.5%
What improved
-
↑
Equity strengthened
Book equity -621.9k NOK → -563.8k NOK (equity ratio -29.6% → -31.0%). Calculated
What deteriorated
-
↓
Net result weakened
Net result +334.3k NOK → +58.1k NOK. Calculated
-
↓
Cash fell
Bank deposits 37.0k NOK → 29.2k NOK (-20.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -31.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation