Org.nr 992 567 899 2012 → 2013 Year-over-year analysis

A.T. TAASEN HOLDING AS: årsregnskap 2013 vs 2012

Mixed movements in the accounts

approved 2014-06-30; registry 2014-07-19; journal 2014 594014

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for A.T. TAASEN HOLDING AS. Equity -414.2k NOK → -1.13m NOK.

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

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

Scorecard

Equity
-414.2k NOK -1.13m NOK
-173.7%
Cash
1 878 NOK 121.4k NOK
+6366.6%
Total assets
2.35m NOK 2.92m NOK
+24.2%

What improved

  • ↑

    Cash rose

    Bank deposits 1 878 NOK → 121.4k NOK (+6366.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.16× → 10.56×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -414.2k NOK → -1.13m NOK (equity ratio -17.6% → -38.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -38.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.35m NOK → 2.80m NOK. Reported fact