Org.nr 998 207 029 2013 → 2014 Year-over-year analysis

A. RASMUSSEN INVEST AS: årsregnskap 2014 vs 2013

Weaker earnings

approved 2015-03-04; registry 2015-04-18; journal 2015 359349

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for A. RASMUSSEN INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +982.25bn NOK → +300.2k NOK. Equity 511.1k NOK → 31.5k NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A. RASMUSSEN INVEST AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Net result
+982.25bn NOK +300.2k NOK
-100.0%
Equity
511.1k NOK 31.5k NOK
-93.8%
Cash
165.9k NOK 1.11m NOK
+571.6%
Total assets
520.9k NOK 1.71m NOK
+228.2%

What improved

  • ↑

    Cash rose

    Bank deposits 165.9k NOK → 1.11m NOK (+571.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.12× → 11.13×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +982.25bn NOK → +300.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 511.1k NOK → 31.5k NOK (equity ratio 98.1% → 1.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 355.0k NOK → 270.0k NOK. Reported fact