A MADSSTUEN AS: årsregnskap 2014 vs 2013
Cash halved-plus
approved 2015-05-12; registry 2015-06-08; journal 2015 435284
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A MADSSTUEN AS. Equity 668.0k NOK → -1.69m NOK.
Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A MADSSTUEN AS.
At a glance
Scorecard
Revenue
n/m
606.6k NOK
—
Equity
668.0k NOK
-1.69m NOK
-353.3%
Cash
210.8k NOK
1 118 NOK
-99.5%
Total assets
1.92m NOK
2.76m NOK
+43.8%
What deteriorated
-
↓
Equity eroded
Book equity 668.0k NOK → -1.69m NOK (equity ratio 34.8% → -61.2%). Calculated
-
↓
Cash fell
Bank deposits 210.8k NOK → 1 118 NOK (-99.5% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.29× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -61.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation