A MARINE AS: årsregnskap 2013 vs 2012
Mixed movements in the accounts
approved 2014-04-05; registry 2014-04-15; journal 2014 356479
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A MARINE AS. Revenue 179.9k NOK → 173.2k NOK (-3.7%). Equity -455.0k NOK → -466.4k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A MARINE AS.
At a glance
Scorecard
Revenue
179.9k NOK
173.2k NOK
-3.7%
Operating result
+84.3k NOK
n/m
—
Equity
-455.0k NOK
-466.4k NOK
-2.5%
Cash
128.4k NOK
115.7k NOK
-9.9%
Total assets
164.1k NOK
122.5k NOK
-25.3%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 179.9k NOK to 173.2k NOK (-3.7% YoY). Calculated
-
↓
Equity eroded
Book equity -455.0k NOK → -466.4k NOK (equity ratio -277.3% → -380.6%). Calculated
-
↓
Cash fell
Bank deposits 128.4k NOK → 115.7k NOK (-9.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -380.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation