A/S Eiendomsutvikling: årsregnskap 2013 vs 2012
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A/S Eiendomsutvikling. Equity 24.97m NOK → 9.13m NOK.
On the constructive side: operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for A/S Eiendomsutvikling.
At a glance
Scorecard
Revenue
n/m
3.33m NOK
—
Operating result
+2.95m NOK
+3.03m NOK
+2.5%
Net result
+3.63m NOK
n/m
—
Equity
24.97m NOK
9.13m NOK
-63.4%
Cash
410.0k NOK
345.9k NOK
-15.6%
Total assets
34.77m NOK
41.35m NOK
+18.9%
What improved
-
↑
Operating result improved
Operating result +2.95m NOK → +3.03m NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 24.97m NOK → 9.13m NOK (equity ratio 71.8% → 22.1%). Calculated
-
↓
Cash fell
Bank deposits 410.0k NOK → 345.9k NOK (-15.6% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 15.00m NOK → 150.0k NOK — check capital reduction, conversion, or reclassification. Interpretation